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Wienerberger Expects Significantly Better Results

Published: October 20, 2011; 16:56 · (Vindobona)

Capacity utilization of the Austrian brick producer should increase to 65% this year, according to CEO Scheuch. Market shares have been growing recently.

Wienerberger Expects Significantly Better Results / Picture: © Wienerberger

Wienerberger AG expects a significant improvement in earnings before depreciation (EBITDA) this year as well as a positive net result, announced CEO Heimo Scheuch. Capacity utilization would increase slightly from 60% to 65% in the current year.

After a negative net result of € 259m in 2009, the brick producer was still in the red last year.

Recently, Wienerberger had…

This article includes a total of 135 words.

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