Wienerberger Continues Growth Course in Third Quarter

IndustrialsIndustrial Goods ♦ Published: November 9, 2011; 18:32 ♦ (Vindobona)

Despite weakening economic sentiment due to growing uncertainty across the euro zone, the Austrian brick producer recorded a 10% increase each in revenues and operating EBITDA for the third quarter.

Wienerberger Continues Growth Course in Third Quarter / Picture: © Wienerberger

Wienerberger AG today presented results for the first three quarters of 2011. Supported by a good start into the year and moderate growth during the second quarter, the company generated a 16% increase in revenues to € 1,555m for the first nine months of 2011. The cost inflation-related price increases announced at the beginning of the year were successfully implemented and resulted…