Investor Relations

Wienerberger Results on the Financial Year 2020

Investor Relations

Wienerberger AG

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Resilient 2020 performance
and a strong platform for further growth

 

2020 Highlights

  • Group revenues of € 3.4 billion (-3%) remain near record highs
  • EBITDA LFL at € 566 million, substantially above our increased target of € 545 million
  • Free cash flow increased significantly by 39% to € 397 million
  • Dividend proposal for 2020: € 0.60 per share

 

Strategy and Outlook for 2021

  • Consistent implementation of Strategy 2023
  • Further improvement of ESG performance
  • Operational excellence, innovation and digitalization as drivers of organic growth
  • Selective acquisitions to strengthen positions in core markets
  • Target for EBITDA LFL in 2021 increased to € 600-620 million

Key Figures

Earnings Data

Earnings Data              2020          2019 Chg. in %          2018

Revenues

in MEUR

3,354.6

3,466.3

-3

3,305.1

EBITDA LFL 1)

in MEUR

565.6

594.2

-5

475.3

EBITDA

in MEUR

558.0

610.0

-9

442.6

Operating EBIT

in MEUR

305.1

362.7

-16

248.2

Impairmenet charges / Reversal of impairment charges to assets

in MEUR

-22.3

0.0

<-100

-8.4

Impairment charges to goodwill

in MEUR

-90.4

0.0

<-100

0.0

EBIT

in MEUR

192.5

362.7

-47

239.8

Profit before tax

in MEUR

148.7

315.3

-53

195.3

Net result

in MEUR

88.5

249.1

-64

133.5

Free cash flow 2)

in MEUR

397.3

286.0

+39

272.5

Maintenance capex

in MEUR

125.9

140.1

-10

130.3

Special capex

in MEUR

75.2

115.4

-35

85.6

Ø Employees

in FTE

16,619

17,234

-4

16,596

Balance Sheet Data

Balance Sheet Data                2020          2019 Chg. in %        2018
Equity 3) in MEUR

1,749.0

2,076.8

-16

1,939.1

Net debt in MEUR

882.1

871.4

+1

631.6

Capital employed in MEUR

2,594.1

2,912.2

-11

2,536.7

Total assets in MEUR

4,327.0

4,132.6

+5

3,742.9

Gearing in %

50.4

42.0

-

32.6

Stock Exchange Data

Stock Exchange Data               2020            2019 Chg. in % 2018

Earnings per share

in EUR

0.79

2.18

-64

1.15

Adjusted earnings per share

in EUR

1.79

2.18

-18

1.23

Dividend per share

in EUR

0.60

0.60

0

0.50

Share price at year-end

in EUR

26.08

26.42

-1

18.00

Shares outstanding (weighted) 4)

in 1,000

112,680

114,320

-1

116,154

Market capitalization at year-end

in MEUR

3,004.1

3,074.0

-2

2,115.5

Business Units

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

External revenues

2,092.1 (-4%)

932.6 (-3%)

325.0 (-3%)

 

3,349.7 (-3%)

Inter-company revenues

4.9 (>100)

0.2 (>100)

0.0 (-100%)

-0,2

4.9 (>100)

Revenues

2,096.9 (-3%)

932.8 (-3%)

325.0 (-3%)

-0,2

3,354.6 (-3%)

EBITDA

415.2 (-11%)

97.1 (-1%)

45.7 (+6%)

 

558.0 (-9%)

EBITDA LFL

413.9 (-9%)

103.7 (+4%)

48.0 (+23%)

 

565.6 (-5%)

EBIT

227.9 (-26%)

37.4 (-19%)

-72.8 (<-100)

 

192.5 (-47%)

Total investments

135.5 (-23%)

55.2 (-5%)

10.4 (-53%)

 

201.1 (-21%)

Capital employed

1,736.7 (-10%)

563.8 (+2%)

293.6 (-32%)

 

2,594.1 (-11%)

Ø Employees (in FTE)

11,939 (-4%)

3,328 (0%)

1,352 (-7%)

 

16,619 (-4%)

Operating Segments

Wienerberger Building Solutions

Wienerberger Building Solutions              2020             2019      Chg. in %

External revenues

in MEUR

2,092.1

2,170.6

-4

EBITDA LFL 1)

in MEUR

413.9

455.6

-9

EBITDA

in MEUR

415.2

468.6

-11

EBIT

in MEUR

227.9

307.9

-26

Total investments

in MEUR

135.5

175.6

-23

Capital employed

in MEUR

1,736.7

1,927.7

-10

Ø Employees

in FTE

11,939

12,466

-4

Wienerberger Piping Solutions

Wienerberger Piping Solutions                                                          2020         2019    Chg. in %

External revenues

                       in MEUR

932.6

959.4

-3

EBITDA LFL 1)

in MEUR

103.7

99.8

+4

EBITDA

in MEUR

97.1

98.2

-1

EBIT

in MEUR

37.4

46.4

-19

Total investments

in MEUR

55.2

57.9

-5

Capital employed

in MEUR

563.8

553.6

+2

Ø Employees

in FTE

3,328

3,318

0

North America

North America                                           2020         2019    Chg. in %

External revenues

in MEUR

325.0

335.7

-3

EBITDA LFL 1)

in MEUR

48.0

38.9

+23

EBITDA

in MEUR

45.7

43.2

+6

EBIT

in MEUR

-72.8

8.3

<-100

Total investments

in MEUR

10.4

22.0

-53

Capital employed

in MEUR

293.6

430.9

-32

Ø Employees

in FTE

1,352

1,450

-7

Group Accounts

For further information our our Group Accounts, which contain the Consolidated Income Statement, Statement of Comprehensive Income, Balance Sheet, Statement of Cash Flows as well as the Statement of Changes in Equity, please refer to page 22 to 27 in our Report 2020.

Further information follows in the course of the release of our Annual Report 2020 on March 29th, 2021 at 7.30 am CET.

Our reports are produced in-house using firesys

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