Wienerberger AG : Tough now but set to get easier
>Q4 EBITDA in decline, in line with expectations - Wienerberger reported Q4 2023 sales down 17% at € 938m (below the css of € 1.05bn) and EBITDA down -28% at € 146m (vs css of € 148m). The margin worsened by 232bp in Q4, after -200bp in Q3, -122bp in Q2 and -27bp in Q1. The operating performance remains under pressure, given the drop in volumes (-20%) and despite good pricing (+8% over the year). For 2023, EBITDA came in at € 811m, in line with the guidance (€ 8...Wienerberger is a building materials group. Co.'s segments include: Clay Building Materials Eastern Europe, Clay Building Materials Western Europe, Pipes & Pavers Eastern Europe, Pipes & Pavers Western Europe, North America and Holding & Others. The Clay Building Materials Europe division covers activities in the areas of clay blocks, facing bricks and roof tiles. The Pipes & Pavers Europe division includes Co.'s business activities with plastic pipes, ceramic pipes and concrete pavers. The North America division covers activities in the areas of facing bricks, plastic pipes and concrete products. The Holding & Others division covers activities in the areas of clay blocks.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.