Brief: Wienerberger Raises 2022 EBITDA Guidance

Wienerberger AG

01/07/2022 06:33

July 1 (Reuters) - Wienerberger AG  WBSV.VI :
    * WIENERBERGER CONTINUES TO RECORD STRONG DEMAND IN Q2 AND
RAISES
2022 EBITDA GUIDANCE
    * AVAILABILITY OF BOTH RAW MATERIALS AND ENERGY WAS GIVEN AT
ANY
TIME IN YEAR TO DATE AND ENSURED A FULL CAPACITY UTILIZATION AT
ALL OUR SITES
    * CONTINUES TO RECORD STRONG DEMAND IN Q2 AND RAISES 2022
EBITDA
GUIDANCE
    * OVERALL, WE EXPECT AN INCREASE IN OPERATING EBITDA OF 74%
TO
APPROX. EUR 530 MILLION COMPARED TO EUR 305 MILLION IN FIRST
HALF OF 2021
    * DUE TO CONTINUOUS FOCUS ON INNOVATION AND OUR SOLUTIONS
BUSINESS, WIENERBERGER WILL ENSURE STRONG ORGANIC GROWTH
THROUGHOUT WHOLE YEAR OF 2022
    * FOR SECOND HALF OF YEAR, WE ALSO ASSUME CONTINUOUS
AVAILABILITY
OF ENERGY, NO OVERSPILL OF RUSSIA-UKRAINE CONFLICT, AND THAT
THERE WILL BE NO RECESSIONARY DEVELOPMENTS IN EUROPE AND NORTH
AMERICA
    * ACCORDINGLY, WE INCREASE OUR OPERATING EBITDA GUIDANCE
2022 TO
APPROX. EUR 900 MILLION

Source text for Eikon:  ID:nEQ2vBbxqa 
Further company coverage:  WBSV.VI 

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