EQS-Adhoc: Wienerberger AG: H1 2022 – Trading Statement
EQS-Ad-hoc: Wienerberger AG / Key word(s): Forecast
Wienerberger AG: H1 2022 – Trading Statement
01-Jul-2022 / 07:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS – a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.
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H1 2022 – Trading Statement
• Wienerberger continues to record strong demand in Q2 and raises 2022
EBITDA guidance
Vienna, July 1, 2022 – The exceptionally strong performance in Q1 2022
continued for the entire first half of 2022. Also, in the second quarter
we recorded high demand and order intakes across all regions and business
areas. The availability of both raw materials and energy was given at any
time in the year to date and ensured a full capacity utilization at all
our sites.
Overall, we expect an increase in Operating EBITDA of 74% to approx. € 530
million compared to € 305 million in the first half of 2021.
“We expect during the second half of the year that demand levels will move
towards normalized levels as we have seen them during the last couple of
years. Accordingly, in our new build segment we assume a solid level of
building activity as we do not experience overbuilt markets and record
inherent demand for new housing. For our renovation and infrastructure
segments we anticipate sustained strong demand levels fueled by EU’s
ambitious CO[2] targets as well as a high need for modernization of
existing water networks across Europe and the US – both supported by
substantial subsidy programs”, says Heimo Scheuch, CEO of the Wienerberger
Group.
With respect to energy, we can confirm that the supply of gas is currently
ensured in all our markets. Potential uncertainties relate only to a very
limited number of markets, such as Germany and Austria, which account for
less than 10% of Group turnover. To ensure the availability of natural
gas, we have implemented contingency plans and work closely together with
national authorities. Furthermore, we are continuing our investment
program aimed at the conversion of production facilities to sustainable
energy sources, such as electricity, hydrogen, biogas or syngas.
Wienerberger has successfully diversified its business model in recent
years and now has a much more resilient position. With improved visibility
for the full year, we expect a continued positive development with a
gradual normalization of demand levels. For the second half of the year,
we also assume the continuous availability of energy, no overspill of the
Russia-Ukraine conflict, and that there will be no recessionary
developments in Europe and North America. Accordingly, we increase our
operating EBITDA guidance 2022 to approx. € 900 million.
Due to the continuous focus on innovation and our solutions business,
Wienerberger will ensure strong organic growth throughout the whole year
of 2022.
Wienerberger will publish the final results of the first half year of 2022
on August 10, 2022.
Wienerberger Group
The Wienerberger Group is a leading international provider of smart
solutions for the entire building envelope and for infrastructure.
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 Eastern Europe. In pipe systems
(Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company
is one of the leading suppliers in Europe. By acquiring Meridian Brick,
Wienerberger further strengthened its position as a leading supplier of
facade products in North America. With its total of 215 production sites,
the Wienerberger Group generated revenues of € 4.0 billion and EBITDA LFL
of € 671 million in 2021.
For further information, please contact:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83 | claudia.hajdinyak@wienerberger.com
Daniel Merl, Head of Investor Relations Wienerberger AG
t +43 1 601 92 – 10221 | investor@wienerberger.com
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01-Jul-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com
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Language: English
Company: Wienerberger AG
Wienerbergerplatz 1
1100 Wien
Austria
Phone: +43 1 60 192-0
Fax: +43 1 60 192-10159
E-mail: office@wienerberger.com
Internet: www.wienerberger.com
ISIN: AT0000831706
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1388355
End of Announcement EQS News Service
1388355 01-Jul-2022 CET/CEST
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