Wienerberger Shows Resilience Amid Economic Challenges in Q3

Wienerberger AG reported robust third-quarter performance, recording revenues of €1,179 million and an operating EBITDA of €202 million. The company attributes this to stable operations in renovation and infrastructure sectors amid a volatile macroeconomic climate marked by political uncertainties and rising geopolitical tensions.

The construction materials giant emphasized intensified cost management and efficiency improvements as key drivers for earnings growth, achieving €100 million in total savings this year. The integration of Terreal into Wienerberger's portfolio has fortified its position in the European roofing market, significantly contributing to earnings.

Despite challenges in new residential housing markets and slower-than-expected interest rate reductions, Wienerberger is positioned to meet anticipated demand in 2025. CEO Heimo Scheuch remains optimistic about the company's ability to capitalize on sectoral demand, focusing on strategic growth and sustainability within the construction sector.