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Wienerberger Records More Profits, but Less than Expected
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…
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