EQS-News

Shaping the future of construction – wienerberger’s 2023 annual and sustainability report published online

EQS-News: Wienerberger AG / Key word(s): Annual Results Shaping the future of construction – wienerberger’s 2023 annual and sustainability report published online 25.03.2024 / 08:30 CET/CEST The issuer is solely responsible for the content of this announcement. Shaping the future of construction – wienerberger’s 2023 annual and sustainability report published online

 

Vienna, March 25, 2024 – In a volatile and challenging economic environment, wienerberger can look back on a positive business year 2023. With total revenues of € 4.2 billion and operating EBITDA of € 811 million generated in 2023, wienerberger outperformed its end markets and met expectations. These solid results are primarily based on wienerberger’s strong performance in the infrastructure (piping business for water and energy management) and renovation business as well as proactive cost management and demonstrate the resilience of the company’s sustainable and diversified business model.

Value-creating acquisitions strengthen the portfolio
In 2023 wienerberger adhered to its value-creating growth strategy and remained focused on organic growth through innovation and an increasing share of system solutions in its portfolio as well as growth through selected value-accretive corporate acquisitions. Strategic acquisitions completed in 2023 include the two Danish companies Komproment ApS and Strøjer Group, broadening wienerberger’s sustainable range of innovative façade solutions. Another increase of market shares in Scandinavia was accomplished by the takeover of Wideco Sweden, enlarging wienerberger’s portfolio of water and energy management solutions. Additionally, wienerberger successfully closed the largest corporate acquisition in the company’s history at the end of February 2024. The takeover of Terreal, a successful European provider for the renovation and repair of roofs in France, Italy, Spain, and the USA as well as Creaton in Germany, strengthens wienerberger’s position as leading European pitched-roof expert. The acquisition is expected to generate additional revenues of approximately € 725 million and increase wienerberger’s exposure to the fast-growing renovation and repair market.