Wienerberger falls after FY profit warning
BUZZ-Wienerberger falls after FY profit warning ** Shares in Wienerberger WBSV.VI fall 6.9% after Austrian brickmaker issued full-year profit warning, citing deterioration in residential new-build activity
** The company now expects FY operating EBITDA of €700 million ($799.75 million)
** The weaker-than-expected development in residential new-build markets is expected to impact EBITDA by about €100 million in 2026, the company says
** "The magnitude of the downgrade is substantially worse than expected," says Erste
** The stock is on track for worst day since February
** Including Tuesday fall, shares are down 32% this year
($1 = 0.8753 euros)
(Reporting by Amir Orusov)