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    Investor Relations

    Wienerberger Results on the First Three Quarters of 2020

    Investor Relations

    Wienerberger AG

    +43 1 60192-10221 Send e-mail

    Wienerberger reports strong performance in the first 9 months 2020

     

    Highlights

    • Strong results thanks to a resilient business model and further catch-up effects in the summer months
    • Wienerberger benefits from operational excellence, innovative solutions and a continuous focus on sustainability
    • External revenues of € 2,543.3 million (-4%) and EBITDA LFL of € 431.7 million (-7%) fall just short of the previous year’s record level
    • High liquidity and a robust balance sheet as a solid basis for future growth

     

    Outlook for 2020

    • Due to renewed uncertainty in the markets, performance is expected to slow in the 4th quarter
    • Based on the company’s previous strong results, Wienerberger expects to reach the upper range of its EBITDA LFL guidance of € 480-500 million
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    Key Figures

    Earnings Data

    Earnings Data   1-9/2020 1-9/2019 Chg. in % Year-end 2019

    Revenues

    		 in MEUR

    2,546.8

    2,655.9

    -4

    3,466.3

    EBITDA LFL 1)

    		 in MEUR

    431.7

    462.6

    -7

    -

    EBITDA

    		 in MEUR

    433.2

    466.4

    -7

    610.0

    Operating EBIT

    		 in MEUR

    245.3

    292.0

    -16

    362.7

    Impairment charges to assets

    		 in MEUR

    -22.5

    0.0

    <-100

    0.0

    Impairment charges to goodwill

    		 in MEUR

    -91.6

    0.0

    <-100

    0.0

    EBIT

    		 in MEUR

    131.2

    292.0

    -55

    362.7

    Profit before tax

    		 in MEUR

    99.3

    264.5

    -62

    315.3

    Net result

    		 in MEUR

    43.3

    205.7

    -79

    249.1

    Earnings per share

    		 in EUR

    0.38

    1.80

    -79

    2.18

    Free cash flow 2)

    		 in MEUR

    138.2

    86.2

    +60

    286.0

    Maintenance capex

    		 in MEUR

    67.4

    93.4

    -28

    140.1

    Special capex

    		 in MEUR

    32.2

    39.4

    -18

    115.4

    Ø Employees

    		 in FTE

    16,511

    17,151

    -4

    17,234

    1) Adjusted for effects from consolidation, FX, sale of core and none-core assets as well as structural adjustments

    2) Cash flow from operating activities less cash flow from investing activities and cash outflows from the repayment of lease liabilities plus special capex and net payments made for the acquisition of companies 

     

    Balance Sheet Data

    Balance Sheet Data   30/9/2020 31/12/2019 Chg. in %
    Equity 3) in MEUR

    1,926.4

    2,076.8

    -7
    Net debt in MEUR

    688.8

    871.4

    -21
    Capital employed in MEUR

    2,577.5

    2,912.2

    -11
    Total assets in MEUR

    4,412.5

    4,132.6

    +7
    Gearing in %

    35.8

    42.0

    -

    3) Equity including non-controlling interests and hybrid capital

    Stock Exchange Data

    Stock Exchange Data   1-9/2020 1-12/2019 Chg. in %
    Share price high in EUR

    28.26

    26.82

    +5
    Share price low in EUR

    11.59

    18.10

    -36
    Share price at end of period in EUR

    22.54

    26.42

    -15
    Shares outstanding (weighted) 4) in 1,000

    112,819

    114,320

    -1
    Market capitalization at end of period in MEUR

    2,596.3

    3,074.0

    -16

    4) Adjusted for treasury stock

    Business Units

    Business Units 1-9/2020
    in MEUR and % 5)    		 Wienerberger    
    Building Solutions    		 Wienerberger  
    Piping Solutions    		 North    
                      America     		  Group       
    eliminations    		          Wienerberger 
     Group         

    External revenues

    1,581.7 (-4 %)

    718.8 (-4 %)

    242.8 (-6%)

     

    2,543.3 (-4 %)

    Inter-company revenues

    3.5 (>100 %)

    0.2 (>100 %)

    0.0 (-100 %)

    -0.1

    3.5 (>100 %)

    Revenues

    1,585.2 (-4 %)

    719.0 (-4 %)

    242.8 (-6 %)

    -0.1

    2,546.8 (-4 %)

    EBITDA LFL 1)

    312.4 (-11 %)

    86.3 (+6%)

    33.0 (+3 %)

     

    431.7 (-7 %)

    EBITDA

    315.4 (-11 %)

    83.8 (+7 %)

    33.9 (-5 %)

     

    433.2 (-7 %)

    Operating EBIT

    189.9 (-21 %)

    43.1 (+7 %)

    12.3 (-2 %)

     

    245.3 (-16 %)

    Capital employed

    1,730.3 (-8 %)

    556.7 (-2 %)

    290.6 (-34 %)

     

    2,577.5 (-11 %)

    Total capex

    69.0 (-26 %)

    24.3 (-13 %)

    6.3 (-45 %)

     

    99.5 (-25 %)

    Ø Employees (in FTE)

    11,864 (-4 %)

    3,311 (0%)

    1,336 (-9 %)

     

    16,511 (-4 %)

    1) Adjusted for effects from consolidation, FX, sale of core and none-core assets as well as structural adjustments

    5) Changes in % to the comparable prior year period are shown in brackets

     

     

    Operating Segments

    Wienerberger Building Solutions

    Wienerberger Building Solutions   1-9/2020       1-9/2019      Chg. in %

    External revenues

    		 in MEUR

    1,581.7

    1,651.4

    -4

    EBITDA LFL 1)

    		 in MEUR

    312.4

    349.5

    -11

    EBITDA

    		 in MEUR

    315.4

    352.5

    -11

    Operating EBIT

    		 in MEUR

    189.9

    239.3

    -21

    Capital employed

    		 in MEUR

    1,730.3

    1,889.1

    -8

    Total investments

    		 in MEUR

    69.0

    93.6

    -26

    Ø Employees

    		 in FTE

    11,864

    12,360

    -4

    1) Adjusted for the effects of changes in the scope of consolidation, foreign exchange effects, disposals of non-core and core assets and structural adjustments.

    Wienerberger Piping Solutions

    Wienerberger Piping Solutions                                            1-9/2020    1-9/2019              Chg. in %

    External revenues

    		                        in MEUR

    718.8

    746.5

    -4

    EBITDA LFL 

    		 in MEUR

    86.3

    81.1

    +6

    EBITDA

    		 in MEUR

    83.8

    78.3

    +7

    Operating EBIT

    		 in MEUR

    43.1

    40.2

    +7

    Capital employed

    		 in MEUR

    556.7

    566.5

    -2

    Total investments

    		 in MEUR

    24.3

    27.8

    -13

    Ø Employees

    		 in FTE

    3,311

    3,324

    0

    North America

    North America                                      1-9/2020       1-9/2019    Chg. in %

    External revenues

    		 in MEUR

    242.8

    257.6

    -6

    EBITDA LFL 1)

    		 in MEUR

    33.0

    32.0

    +3

    EBITDA

    		 in MEUR

    33.9

    35.6

    -5

    Operating EBIT

    		 in MEUR

    12.3

    12.6

    -2

    Capital employed

    		 in MEUR

    290.6

    439.0

    -34

    Total investments

    		 in MEUR

    6.3

    11.4

    -45

    Ø Employees

    		 in FTE

    1,336

    1,467

    -9

    1) Adjusted for the effects of changes in the scope of consolidation, foreign exchange effects, disposals of non-core assets and structural adjustments.

    Group Accounts

    For further information our our Group Accounts, which contain the Consolidated Income Statement, Balance Sheet, Statement of Cash Flows as well as the Operating Segements, please refer to page 14 to 17 of our Report on the First Three Quarters of 2020.

    Our reports are produced in-house using firesys

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