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Wienerberger approaching “black zero”
In the first half of 2010, the building materials group registered a loss of €39.4m. One year ago it was about €200m. Forecasts however remain cautious.
Wienerberger approaching “black zero” / Picture: © Wienerberger
Wienerberger AG overcame the first half a little better than expected, and announces the “turnaround” and the termination of the restructuring processes. The latter "was fully effective and lead to the expected reduction of costs", explained CEO Heimo Scheuch CEO on Tuesday.
Close to profit zone
Turnaround however does not mean that the group is left with real…
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