Willdale Limited faced significant challenges in the first quarter ended 31 December 2025, with revenue plummeting 36% year-on-year due to limited working capital and low stocks. The company’s extrusion segment recorded a 28% drop in volumes, while the fired production segment suffered a 52% decline in volumes compared to the same period last year.
However, Willdale remains optimistic about its prospects, expecting revenue and production to rebound in the second quarter as production recovers and stand sales gain traction. The company has begun selling stands at Haydon Industrial Park Phase 1, which is expected to ease working capital requirements. The project has generated significant market interest and is poised to deliver strong returns.
Willdale has also made progress on its development pipeline, with permits issued for Phase 2 of Haydon Industrial Park and pending for Tenerife. The company commends the government for crafting policies that support local manufacturers under the National Development Strategy 2 (NDS2).
Funds from stand sales will be allocated towards critical plant maintenance and working capital needs. Willdale is also set to acquire a modern all-weather brick making plant to boost production, underscoring its commitment to driving growth and recovery.
