Wienerberger Records More Profits, but Less than Expected

Published: November 3, 2010; 15:40 · (Vindobona)

Wienerberger AG recorded a 7% year-on-year increase in operating EBITDA to € 82.2 million for the third quarter of 2010. However, analysts expected even more.

Wienerberger Records More Profits, but Less than Expected / Picture: © Wienerberger

This increase in operating profits was based on the restructuring measures implemented in 2009. Wienerberger generated revenues of € 517.7 million (2009: € 518.5 million) for the period from July to September.

Revenues for the first three quarters of 2010 amounted to € 1,343.3 million (-5%) and earnings equaled € 160.5 million (-10%), which represents a further offset of…

This article includes a total of 411 words.

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