Wienerberger Still in the Red

People ♦ Published: February 23, 2011; 00:05 ♦ (Vindobona)

The Austrian brick manufacturer experiences declining sales. Losses were reduced.

Wienerberger Still in the Red / Picture: © Wienerberger

Wienerberger AG today announced results for 2010. In a year made difficult by bad weather, the company was able to match 2009 results with Group revenues of € 1,744.8 m and operating EBITDA of € 210.8 m. Earnings before interest and tax (EBIT) rose by nearly € 270 m, whereby it should be noted that the comparable 2009 data included non-recurring costs for restructuring…