Picture of Wienerberger AG logo

WIE — Wienerberger AG News Story

0.000.00%
at flag iconLast trade - 00:00
Basic MaterialsAdventurousMid CapNeutral

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)

((Amir.orusov@thomsonreuters.com))

Recent news on Wienerberger AG

See all news