Strong Operating EBITDA
Wienerberger reported an operating EBITDA of EUR 760 million, marking it as the third-best year in terms of EBITDA. This demonstrates the resilience of their business model amid market volatility.
Free Cash Flow Increase
The company achieved nearly EUR 420 million in free cash flow by efficiently managing working capital and capacity, indicating a strong cash generation capability.
Successful Terreal Acquisition
The acquisition of Terreal contributed positively to the EBITDA, with an EBITDA margin above 20%. The integration is progressing faster than expected, enhancing the roofing business.
Piping Segment Expansion
The piping segment now accounts for more than 30% of Wienerberger's revenues, becoming the fastest-growing segment within the company.
Disciplined Capital Management
Proposed a dividend increase from EUR 0.90 to EUR 0.95 per share and continued share buyback plans, highlighting disciplined capital allocation.
Growth in North America
Despite challenges in new residential housing, EBITDA in North America increased by 140% compared to 2020, showcasing efficient management.