Wienerberger rises on FY beat, dividend proposal

Wienerberger AG

26/02/2025 07:28

** Wienerberger's WBSV.VI stock is seen rising 3.8% in Lang & Schwarz premarket trade as the Austrian brickmaker reported a full-year beat

** The company reported for 2024 a revenue of 4.51 billion euros ($4.73 billion), above expectations that saw it at 4.45 billion euros according to a company-provided poll

** "Moreover, the DPS proposal of 0.95 arrived clearly above our expectations (we were anticipating a dividend cut)," Erste group analysts write in a note

** Wienerberger's stock tops the Austrian traded index .ATX in Lang & Schwarz premarket trade

($1 = 0.9527 euros)

 (Reporting by Tristan Veyet)

 ((Tristan.chabba@thomsonreuters.com))