Wienerberger AG (DE:WIB)
XETRA:WIB
Earnings Data
Report Date
May 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.03Last Year’s EPS
0.04Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a resilient operational and financial performance in a weak market: management delivered 2025 guidance, preserved EBITDA margin (16.5%), generated strong free cash flow (~EUR 500m), reduced net debt (EUR 1.6bn, 2.2x) and launched structural improvement programs and a targeted acquisition (Italcer) to drive future growth. Key challenges include pronounced market softness (notably in North America), a one‑off EUR 30m energy cost headwind in 2026, and a temporary leverage increase following Italcer acquisition. Overall the positives — strong cash generation, disciplined cost and working capital management, stable margins, and strategic M&A to broaden the growth footprint — outweigh the near‑term headwinds.Company Guidance
Delivered 2025 Guidance and Stable Margin
Wienerberger achieved the midyear EBITDA guidance for FY2025, delivering an operating EBITDA of approximately EUR 754 million and maintaining a stable EBITDA margin of 16.5% (flat YoY).
Strong Profit After Tax and Cash Generation
Profit after tax roughly doubled to EUR 168 million and free cash flow reached nearly EUR 500 million (second highest in company history), enabling debt reduction and disciplined capital allocation.
Net Debt and Leverage Reduction
Net debt decreased to about EUR 1.6 billion and leverage stood at c.2.2x at year-end 2025; gross debt reduced by ~10% and net debt down ~7% versus prior year.
Working Capital and Liquidity Improvements
Working capital improved to 20% of revenues (from 24%), contributing materially to cash inflow and free cash flow generation.
Operational Cost Discipline and Savings
Strict cost discipline delivered ~EUR 30 million of overhead savings in 2025; operational excellence and capacity optimization improved throughput and utilization.
Fit for Growth Program (Sustainable Savings)
Launched Fit for Growth in Q3 2025 focused on streamlining processes and agility; expected annual recurring savings of EUR 15–20 million when fully implemented (partial realization in 2025).
High Share of Innovative Products
Innovative products accounted for ~34% of revenues, supporting margin resilience despite soft markets.
Western Europe Outperformance
Western Europe saw stabilization and outperformance in new residential housing with a ~2% volume increase and a strong roofing/renovation mix (renovation ~50% of the region), supporting profitability.
North American Piping Resilience
Piping operations in North America grew volumes and extended production capacity; North America delivered operating EBITDA of EUR 132 million with a margin of 19.0% despite market headwinds.
Italcer Acquisition – Strategic Growth Bolt-On
Announced acquisition of Italcer: enterprise value approx. EUR 560 million, expected FY2026 full-year EBITDA contribution ~EUR 82 million, initial consolidation and cash/debt impact financed from existing liquidity; quick synergies of ~EUR 10 million identified with potential for more over time.
2026 Financial Framework and Capital Allocation
2026 ongoing business guidance set at EUR 760 million operating EBITDA (includes a EUR 30 million one-off energy headwind); with Italcer contribution management targets ~EUR 810 million operating EBITDA for FY2026. CapEx guidance for 2026 is EUR 280 million (EUR 100m growth, EUR 160m maintenance, EUR 20m safety).
Shareholder Returns and Balance Sheet Quality
Dividend proposal stable at EUR 0.95 per share; payout ratio ~28% of free cash flow within policy range (20–40%). Equity ratio improved to ~46%.
DE:WIB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:WIB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2026 | €30.48 | €28.20 | -7.48% |
Nov 13, 2025 | €26.62 | €26.92 | +1.13% |
Aug 13, 2025 | €31.76 | €32.02 | +0.82% |
May 20, 2025 | €32.33 | €31.61 | -2.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Wienerberger AG (DE:WIB) report earnings?
Wienerberger AG (DE:WIB) is schdueled to report earning on May 13, 2026, Before Open (Confirmed).
What is Wienerberger AG (DE:WIB) earnings time?
Wienerberger AG (DE:WIB) earnings time is at May 13, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Wienerberger AG stock?
The P/E ratio of Wienerberger AG is N/A.
What is DE:WIB EPS forecast?
DE:WIB EPS forecast for the fiscal quarter 2026 (Q1) is -0.03.