WGN 5.11% 92.5¢ wagners holding company limited

Ann: Media Release FY19 Results, page-5

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    The Boral dispute and market weakness are misleading factors - from the P&L statement it looks more like it's the fixed costs that have risen faster than revenues- which have in fact risen y-o-y by 2.3%. The main costs responsible are in wages, freight, maintenance etc. It seems the poor results are more from slack management than the above two factors. Or let us pin it on the usual favourite - increased investment to drive future growth.
 
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