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13.08.2019 – 07:30

Wienerberger AG

EANS-News: Best Half Year in the 200-Year History of the Company

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Mid Year Results

Vienna - Highlights
> Profitable growth through excellent operational performance and consistent
implementation of the growth strategy
> Revenues at new record level: EUR 1,736 million (+8%)
> EBITDA LFL at all-time high of EUR 287 million (+33%)
> Net profit doubled from EUR 53 million to EUR 127 million
> Extremely strong contribution to earnings from Fast Forward program: EUR 25
million
Outlook for 2019
> Annual guidance focused on strong EBITDA growth
> EBITDA target for 2019 at EUR 570-580 million
> Further investments in future-oriented solutions

Vienna, August 13, 2019 - The Wienerberger Group, a leading international
supplier of innovative solutions for the building envelope and smart
infrastructure, consistently pursued its value-creating growth strategy
throughout the first half of 2019 and set new records in terms of revenues and
earnings. "During the past six months, our strategic projects advanced rapidly"
says Heimo Scheuch, Chairman of the Managing Board. The company's performance-
enhancing Fast Forward program made excellent progress. Moreover, through the
timely integration of acquisitions in Great Britain and Belgium, Wienerberger
was able to further strengthen its position in strategic core markets.
"Altogether, these developments translated into the best mid-year result ever
achieved in the 200-year history of our company. We are thus fully on track to
meet our ambitious targets for 2019 as a whole", emphasizes Heimo Scheuch,
taking stock of the first six months of the year.

In the first half of 2019, Wienerberger generated an 8% increase in revenues at
Group level to EUR 1,736 million, up from EUR 1,607 million in the comparable
period of the previous year. The main contributors to this positive development
were high-quality system solutions. Compared to the first half of 2018, EBITDA
LFL grew by 33% to EUR 287 million (after EUR 215 million in 2018). The Fast
Forward program delivered a noteworthy contribution to earnings of roughly EUR
25 million. The Group's net profit more than doubled from EUR 53 million to EUR
127 million in the first half of 2019.

Revenue growth in all Business Units
In the first half of 2019, Wienerberger generated revenue growth in each of its
three Business Units. With revenues up by 10% to EUR 1,074 million and an
improvement in EBITDA LFL by 37% to EUR 219 million, Wienerberger Building
Solutions delivered an outstandingly strong performance. For Wienerberger Piping
Solutions, the enhancement of the product mix and the optimized cost position
resulted in growth in revenues (+4% to EUR 497 million) and earnings (EBITDA LFL
up by 47% to EUR 52 million), The North America Business Unit reported a 10%
increase in revenues to EUR 165 million, while EBITDA LFL came to EUR 16 million
(after EUR 19 million in 2018).

Strengthened position as a provider of system solutions
The first half of 2019 was marked by great success in Wienerberger's efforts to
transform its product range through a strong focus on smart and resource-
efficient system solutions. Almost one third of the Group's total revenues is
already being generated by innovative solutions and services. These range from
digitally designed, prefabricated wall elements to tailor-made electrical
solutions for buildings to innovative building materials and smart solutions for
meeting the challenges of climate change. Our Raineo system, an intelligent
solution to cope with the increasing frequency of flooding in urban areas, is an
excellent example. "We are thus shaping the future of building construction,
renovation and infrastructure and, at the same time, contributing toward
improving the ecological balance of the construction industry", emphasizes Heimo
Scheuch.

Outlook for 2019
Despite current factors of uncertainty, Wienerberger anticipates largely stable
to slightly growing demand in its core markets. Regardless of increasing market
volatility, Wienerberger will continue to grow. "Based on the outstandingly
strong performance of the first half of the year, our outlook for the second
half is extremely optimistic and we can therefore specify our forecast for
EBITDA LFL of EUR 570 to 580 million (previously EUR 560 to 580 million) for
2019", says Heimo Scheuch.

For the complete 2019 Mid-Year Report, please click here https://
wienerberger.com/en/latest-results [https://wienerberger.com/en/latest-results]

Wienerberger Group
Wienerberger is the world's largest producer of bricks (Porotherm, Terca) and
the market leader in clay roof tiles (Koramic, Tondach) in Europe as well as
concrete pavers (Semmelrock) in Central and Eastern Europe. In pipe systems
(Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one
of the leading suppliers in Europe. With its total of 195 production sites, the
Wienerberger Group generated revenues of EUR 3.3 billion and EBITDA of EUR 470
million in 2018.

Wienerberger AG is a pure free float company, whereby the majority of shares are
held by Austrian and international institutional investors. Additional
information on the shareholder structure is provided under https://
wienerberger.com/en/investors/share [https://wienerberger.com/en/investors/
share]









Further inquiry note:
Barbara Grohs, Head of Corporate Communications Wienerberger AG 
t +43 664 828 31 39 | Barbara.Grohs@wienerberger.com

Klaus Ofner, Head of Investor Relations Wienerberger AG
t +43 1 601 92 - 10221 | investor@wienerberger.com 


end of announcement                         euro adhoc
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issuer:       Wienerberger AG
              Wienerbergerstraße 11
              A-1100 Wien
phone:        +43 1 60 192-0
FAX:          +43 1 60 192-10159
mail:      office@wienerberger.at
WWW:       www.wienerberger.at
ISIN:         AT0000831706
indexes:      ATX
stockmarkets: Wien
language:     English
 

Original content of: Wienerberger AG, transmitted by news aktuell