Wienerberger: High Losses Expected

Businessn.a. ♦ Published: August 17, 2012; 16:38 ♦ (Vindobona)

In the first half year of 2011, the Austrian brick producer still recorded a net income of € 37.5m. On average, a loss of € 21.07m is expected.

Wienerberger: High Losses Expected / Picture: © Wienerberger

Next week, Wienerberger will publish its results for the first half year of 2012. The analysts of Berenberg Bank, Kepler, RCB and Erste Group anticipate a net loss of € 21.07m on average.

Wienerberger´s EBIT is estimated to come at € 4.75m. This would correspond to a decrease by 82% against the reference period of 2011. Expected revenues should increase by 5% to € 1.03bn.…