Wienerberger AG

The acquisition will immediately double Wienerberger’s North American revenues to > $ 800 million

Despite renewed lockdowns and the prevailing market uncertainty, Wienerberger’s fourth quarter earnings at Group level have been highly satisfactory to date. Wienerberger benefited from its high-value product portfolio in diversified end markets as well as mild weather conditions in October and November. Given this strong performance, Wienerberger once again increases its guidance for the business year 2020. EBITDA (LFL) is expected to reach € 540-550 million, exceeding the previous EBITDA target of € 480-500 million.

Today, the Managing Board of Wienerberger AG adopted a resolution to call and redeem the remaining outstanding perpetual subordinated fixed rate bonds subject to interest rate reset (the "Hybrid Bond 2014"; ISIN DE000A1ZN206) in a currently outstanding nominal amount of EUR 215 million. The Hybrid Bond 2014 was issued by Wienerberger AG on 6 October 2014.