Wienerberger Delivers Solid Half-Year Performance Despite Market Challenges

Vienna, August 14, 2024 – In the first half of 2024, Wienerberger AG reported consolidated revenues of €2,213 million, slightly above last year’s €2,203 million. Despite global political uncertainties and slower-than-expected interest rate cuts, the company managed a robust performance. Operating EBITDA stood at €400 million, down from €454 million in H1 2023, supported by effective cost management and innovations in renovation and infrastructure segments.

CEO Heimo Scheuch emphasized their role in sustainable housing and climate solutions. The acquisition of Terreal bolstered their market position in Europe and North America.

Market conditions varied regionally. Eastern Europe saw strong housing market recovery, while Central Western Europe and North America faced challenges. Nonetheless, Wienerberger's efficient cost management and timely restructuring measures led to positive overall results.

Wienerberger remains committed to sustainability, with ambitious targets for 2026 focusing on emission reductions and circular economy. The company's outlook for 2024 remains solid, anticipating a full recovery by 2025.