Investor Relations

Wienerberger Results on the First Quarter 2021

Investor Relations

Wienerberger AG

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Wienerberger's strong Q1 2021 performance exceeds expectations


Highlights

  • Wienerberger reports strong profit increase in first quarter – operating profit above previous year's level
  • Strong growth in infrastructure and renovation segments 
  • Q1 Group revenues of € 796.5 million almost at record level 


Outlook 2021

  • In the short-term, the market environment remains somewhat uncertain given the ongoing impact of Covid-19, but Wienerberger expects to see a swift recovery in new build, with particular growth in premium products, and further strengthening of demand in the infrastructure and renovation markets
  • Wienerberger reaffirms its EBITDA LFL guidance for 2021 of € 600 – 620 million

Key Figures

Earnings Data

Earnings Data        1-3/2021        1-3/2020 Chg. in % 1-12/2020

Revenues

in MEUR

796.5

793.3

0

3,354.6

EBITDA LFL 1)

in MEUR

107.2

107.7

0

559.6

EBITDA

in MEUR

106.4

106.1

0

558.0

Operating EBIT

in MEUR

48.8

40.5

+20

305.1

Impairmenet charges  to assets

in MEUR

0.0

-22.5

>100

-22.3

Impairment charges to goodwill

in MEUR

0.0

-93.6

>100

-90.4

EBIT

in MEUR

48.8

-75.5

>100

192.5

Profit before tax

in MEUR

39.7

-84.2

>100

148.7

Net result

in MEUR

27.3

-106.3

>100

88.5

Earnings per share in EUR

0.24

-0.94

>100

0.79

Free cash flow 2)

in MEUR

-138.2

-162.2

+15

397.3

Maintenance capex

in MEUR

21.6

22.9

-6

125.9

Special capex

in MEUR

12.2

11.5

+6

75.2

Ø Employees

in FTE

17,039

17,192

-1

16,619

Balance Sheet Data

Balance Sheet Data          31/3/2021       31/12/2020 Chg. in %
Equity 3) in MEUR

1,802.6

1,749.0

+3

Net debt in MEUR

1,047.6

882.1

+19

Capital employed in MEUR

2,816.3

2,594.1

+9

Total assets in MEUR

4,234.9

4,327.0

-2

Gearing in %

58.1

50.4

-

Stock Exchange Data

Stock Exchange Data          1-3/2021    1-12/2020 Chg. in %

Share price high

in EUR

31.20

28.26

+10

Share price low

in EUR

26.16

11.59

>100

Share price at end of period

in EUR

31.20

26.08

+20

Shares outstanding (weighted) 4)

in 1,000

112,266

112,680

0

Market capitalization at end of period

in MEUR

3,593.9

3,004.1

+20

Business Units

OperatingSegments 1-3/2021
in MEUR and % 5)
Wienerberger 
Building Solutions
Wienerberger
Piping Solutions
North
         America
 Group
eliminations
         Wienerberger 
 Group 

External revenues

478.5 (-4%)

240.7 (+9%)

76.5 (+7%)

 

795.7 (0%)

Inter-company revenues

0.8 (0 %)

0.1 (-19%)

0.0 (0%)

0,0

0.8 (+1%)

Revenues

479.3 (-4%)

240.8 (+9%)

76.5 (+7%)

0,0

796.5 (0%)

EBITDA LFL

76.8 (-8%)

21.2 (+13%)

9.2 (+81%)

 

107.2 (0%)

EBITDA

78.0 (-5%)

21.2 (+14%)

7.2 (+32%)

 

106.4 (0%)

Operating Segments

Wienerberger Building Solutions

Wienerberger Building Solutions         1-3/2021       1-3/2020      Chg. in %

External revenues

in MEUR

478.5

500.4

-4

EBITDA LFL

in MEUR

76.8

83.9

-8

EBITDA

in MEUR

78.0

81.9

-5

EBITDA LFL Marge

in %

15.8%

17.1%

-1.2p

Wienerberger Piping Solutions

Wienerberger Piping Solutions                                                         1-3/2021       1-3/2020    Chg. in %

External revenues

                       in MEUR

240.7

220.7

+9

EBITDA LFL

in MEUR

21.2

18.7

+13

EBITDA

in MEUR

21.2

18.7

+14

EBITDA LFL Marge

in %

8.6%

8.5%

+0.2p

North America

North America                                         1-3/2021        1-3/2020    Chg. in %

External revenues

in MEUR

76.5

71.4

+7

EBITDA LFL

in MEUR

9.2

5.1

+81

EBITDA

in MEUR

7.2

5.5

+32

EBITDA LFL Marge

in %

11.1%

7.2%

+3.9p

Further information can be found in the Update on the 1st Quarter (available as download). 

Our reports are produced in-house using firesys

Explanatory notes to the data: Rounding differences may arise from the automatic processing of data