Wienerberger Results for the Financial Year 2022
Wienerberger posts strong organic
growth in 2022
Highlights 2022
- Group Revenues up 25% to around €5.0 billion
- Significant, 48% EBITDA growth to more than €1 billion
- Proposed dividend increase of 20% to €0.90 per share for 2022 (2021: €0.75)
Strategy and outlook 2023
- Profitable, sustainable growth strategy will remain in focus
- Outperformance versus softening end-markets, concentrating on innovation and system solutions
- Continuous improvement of ESG performance
Detailed information can be found in the Results of 2022.
Key Performance Indicators
Earnings Data | 2022 | 2021 | Chg. in % | 2020 | |
---|---|---|---|---|---|
Revenues |
in MEUR |
4,976.7 |
3,971.3 |
+25 |
3,354.6 |
Operating EBITDA 1) |
in MEUR |
1,020.9 |
693.9 |
+47 |
561.4 |
EBITDA |
in MEUR |
1,026.2 |
694.3 | +48 |
558.0 |
Operating EBIT |
in MEUR |
739.6 |
431.2 |
+72 |
305.1 |
Impairment charges to assets |
in MEUR |
-18.4 |
0.0 |
<-100 |
-22.3 |
Impairment charges to goodwill |
in MEUR |
0.0 |
-10.7 |
>100 |
-90.4 |
EBIT |
in MEUR |
721.2 |
420.4 |
+72 |
192.5 |
Profit before tax |
in MEUR |
688.3 |
374.3 |
+84 |
148.7 |
Net result |
in MEUR |
567.9 |
310.7 |
+83 |
88.5 |
Free cash flow 2) |
in MEUR |
597.7 |
420.6 |
+42 |
397.3 |
Maintenance Capex |
in MEUR |
134.7 |
120.4 |
+12 |
125.9 |
Special Capex |
in MEUR |
217.9 |
159.4 |
+37 |
75.2 |
ROCE | in % | 18.1 | 12.2 | - | 8.9 |
Ø Employees |
in FTE |
19,078 |
17,624 |
+8 |
16,619 |
Balance Sheet Data | 2022 | 2021 | Chg. in % | 2020 | |
---|---|---|---|---|---|
Equity 3) |
in MEUR |
2,450.4 |
2,149.1 |
+14 |
1,749.0 |
Net debt |
in MEUR |
1,079.3 |
1,134.5 |
-5 |
882.1 |
Capital employed |
in MEUR |
3,492.9 |
3,248.1 |
+8 |
2,594.1 |
Total assets |
in MEUR |
5,199.3 |
4,903.8 |
+6 |
4,327.0 |
Gearing |
in % |
44.0 |
52.8 |
- |
50.4 |
Stock Exchange Data | 2022 | 2021 | Chg. in % | 2020 | |
---|---|---|---|---|---|
Earnings per share |
in EUR |
5.17 |
2.75 |
+88 |
0.79 |
Adjusted earnings per share |
in EUR |
5.34 |
2.84 |
+88 |
1.79 |
Dividend per share |
in EUR |
0.90 |
0.75 |
+20 |
0.60 |
Share price at end of period | in EUR | 22.56 | 32.34 | -30 | 26.08 |
Shares outstanding (weighted) 4) |
in 1,000 |
109,884 |
113,105 |
-3 |
112.680 |
Market capitalization at end of period |
in MEUR |
2,520.7 |
3,725.2 |
-32 |
3,004.1 |
Operating Segments 2022 in MEUR and % 5) |
Wienerberger Building Solutions |
Wienerberger Piping Solutions |
North America |
Group eliminations |
Wienerberger Group |
---|---|---|---|---|---|
External revenues |
2,684.9 (+17%) |
1,345.7 (+15%) |
944.8 (>100%) |
|
4,975.3 (+25%) |
Inter‑company revenues |
1.4 (-72%) |
0.4 (+56%) |
0.0 (-) |
-0.3 |
1.4 (-71%) |
Revenues |
2,686.2 (+17%) |
1,346.1 (+15%) |
944.8 (+89%) |
-0.3 |
4,976.7 (+25%) |
Operating EBITDA 1) |
654.5 (+37%) |
140.5 (+14%) |
225.9 (>100%) |
|
1,020.9 (+47%) |
EBITDA |
662.0 (+39%) |
134.1 (+5%) |
230.1 (>100%) |
|
1,026.2 (+48%) |
EBIT | 475.2 (+52%) | 57.0 (+15%) | 189.0 (>100%) | 721.2 (+72%) | |
Total investments | 206.7 (+17%) | 94.7 (+17%) | 51.2 (>100%) | 352.6 (+26%) | |
Capital employed | 1,972.7 (+10%) | 948.6 (+3%) | 571.7 (+6%) | 3,492.9 (+8%) | |
Ø Employees (in FTE) | 12,734 (+2%) | 3,944 (+9%) | 2,400 (+51%) | 19,078 (+8%) |
Earnings Data | 2022 | 2021 | Chg. in % | 2020 | |
---|---|---|---|---|---|
Revenues |
in MEUR |
4,976.7 |
3,971.3 |
+25 |
3,354.6 |
Operating EBITDA 1) |
in MEUR |
1,020.9 |
693.9 |
+47 |
561.4 |
EBITDA |
in MEUR |
1,026.2 |
694.3 | +48 |
558.0 |
Operating EBIT |
in MEUR |
739.6 |
431.2 |
+72 |
305.1 |
Impairment charges to assets |
in MEUR |
-18.4 |
0.0 |
<-100 |
-22.3 |
Impairment charges to goodwill |
in MEUR |
0.0 |
-10.7 |
>100 |
-90.4 |
EBIT |
in MEUR |
721.2 |
420.4 |
+72 |
192.5 |
Profit before tax |
in MEUR |
688.3 |
374.3 |
+84 |
148.7 |
Net result |
in MEUR |
567.9 |
310.7 |
+83 |
88.5 |
Free cash flow 2) |
in MEUR |
597.7 |
420.6 |
+42 |
397.3 |
Maintenance Capex |
in MEUR |
134.7 |
120.4 |
+12 |
125.9 |
Special Capex |
in MEUR |
217.9 |
159.4 |
+37 |
75.2 |
ROCE | in % | 18.1 | 12.2 | - | 8.9 |
Ø Employees |
in FTE |
19,078 |
17,624 |
+8 |
16,619 |
Balance Sheet Data | 2022 | 2021 | Chg. in % | 2020 | |
---|---|---|---|---|---|
Equity 3) |
in MEUR |
2,450.4 |
2,149.1 |
+14 |
1,749.0 |
Net debt |
in MEUR |
1,079.3 |
1,134.5 |
-5 |
882.1 |
Capital employed |
in MEUR |
3,492.9 |
3,248.1 |
+8 |
2,594.1 |
Total assets |
in MEUR |
5,199.3 |
4,903.8 |
+6 |
4,327.0 |
Gearing |
in % |
44.0 |
52.8 |
- |
50.4 |
Stock Exchange Data | 2022 | 2021 | Chg. in % | 2020 | |
---|---|---|---|---|---|
Earnings per share |
in EUR |
5.17 |
2.75 |
+88 |
0.79 |
Adjusted earnings per share |
in EUR |
5.34 |
2.84 |
+88 |
1.79 |
Dividend per share |
in EUR |
0.90 |
0.75 |
+20 |
0.60 |
Share price at end of period | in EUR | 22.56 | 32.34 | -30 | 26.08 |
Shares outstanding (weighted) 4) |
in 1,000 |
109,884 |
113,105 |
-3 |
112.680 |
Market capitalization at end of period |
in MEUR |
2,520.7 |
3,725.2 |
-32 |
3,004.1 |
Operating Segments 2022 in MEUR and % 5) |
Wienerberger Building Solutions |
Wienerberger Piping Solutions |
North America |
Group eliminations |
Wienerberger Group |
---|---|---|---|---|---|
External revenues |
2,684.9 (+17%) |
1,345.7 (+15%) |
944.8 (>100%) |
|
4,975.3 (+25%) |
Inter‑company revenues |
1.4 (-72%) |
0.4 (+56%) |
0.0 (-) |
-0.3 |
1.4 (-71%) |
Revenues |
2,686.2 (+17%) |
1,346.1 (+15%) |
944.8 (+89%) |
-0.3 |
4,976.7 (+25%) |
Operating EBITDA 1) |
654.5 (+37%) |
140.5 (+14%) |
225.9 (>100%) |
|
1,020.9 (+47%) |
EBITDA |
662.0 (+39%) |
134.1 (+5%) |
230.1 (>100%) |
|
1,026.2 (+48%) |
EBIT | 475.2 (+52%) | 57.0 (+15%) | 189.0 (>100%) | 721.2 (+72%) | |
Total investments | 206.7 (+17%) | 94.7 (+17%) | 51.2 (>100%) | 352.6 (+26%) | |
Capital employed | 1,972.7 (+10%) | 948.6 (+3%) | 571.7 (+6%) | 3,492.9 (+8%) | |
Ø Employees (in FTE) | 12,734 (+2%) | 3,944 (+9%) | 2,400 (+51%) | 19,078 (+8%) |