Wienerberger Records Higher Losses

Business › n.a. ♦ Published: May 9, 2012; 11:26 ♦ (Vindobona)

Group revenues declined by 3% to € 382.4m (2011: € 395.1m). Operating EBITDA reached € 2.1m (2011: € 11.8m). Net losses reach € 50.1m.

Wienerberger Records Higher Losses / Picture: © Wienerberger

Wienerberger AG today announced results for the first quarter of 2012. The development of business at the start of the year was, as always, influenced by the weather. In contrast to the mild winter in the first three months of 2011, the reporting period was characterized by an extremely cold and snowy February throughout Europe that continued into March with frozen ground in many…

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