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| Wienerberger reports decrease in revenue Wienerberger AG, the world's largest producer of bricks and the number two in clay roof tiles in Europe, recorded a decline in revenues and earnings for 2008. Group revenues declined by 2% only to € 2,430.1 million, but operating EBITDA before restructuring costs fell 20% to € 440.1 million. Operating EBIT before restructuring costs decreased 32% to € 239.8 million. As expected, the fourth quarter was substantially weaker than the previous months. From October to December 2008 revenues fell 15% below the particularly strong prior year to € 503.3 million, EBITDA by 41% to € 75.4 million and EBIT by 60% to € 27.4 million. write your comments about the article :: © 2009 Construction News :: home page |