|
contents | business | |||||||||
| Wienerberger’s revenues rise by 11% Vienna-based Wienerberger AG, the world's largest producer of bricks and the number two in clay roof tiles in Europe, exceeded its own ambitious earnings targets in 2007: Group revenues rose by 11% to € 2,478.2 million, operating EBITDA by 17% to € 550.9 million and operating EBIT by 18% to € 353.1 million. Following strong growth during the first nine months of 2007, Wienerberger also recorded a further improvement in earnings during the fourth quarter, with an increase of 3% in revenues to € 588.9 million and 6% in EBITDA to € 126.9 million – positively outperforming the record results from the comparable prior year period, which were influenced by a very mild winter. The EBIT declined by 4% to € 68.8 million, due to high investments and resulting depreciation. write your comments about the article :: © 2008 Construction News :: home page |