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Wienerberger (WBRBY)
OTHER OTC:WBRBY
Earnings Data
Report Date
May 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
>-0.01Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call portrays a resilient performance: management delivered on EBITDA guidance, maintained a healthy 16.5% margin, doubled profit after tax, generated nearly EUR 500 million free cash flow and improved leverage and working capital despite materially softer end markets. Operational discipline (EUR 30m overhead savings) and a product mix shift (34% innovative products) underpin the positive results. At the same time, the company faces meaningful headwinds—notably sharp North American residential declines, a one-off EUR 30m energy cost burden in 2026, ongoing cost inflation, and a flat market outlook. Management is pursuing a strategic acquisition (Italcer) and plans to self-finance and deleverage, but the deal temporarily increases leverage. Overall, achievements and financial discipline are strong and visible, while several notable short-term challenges and macro risks remain.Company Guidance
Delivered Guidance and Stable Margin
Achieved midyear EBITDA guidance; operating EBITDA margin remained broadly flat at 16.5% year-on-year despite weak markets.
Strong Profit After Tax and Cash Generation
Profit after tax roughly doubled to EUR 168 million; free cash flow nearly EUR 500 million (second-highest in company history), enabling debt reduction and shareholder returns.
Debt and Working Capital Improvements
Net debt reduced to about EUR 1.6 billion (leverage 2.2x); net debt down ~EUR 120 million year-on-year; gross debt down 10%; working capital ratio improved to 20% from 24%.
Revenue Mix Shift to Higher-Margin Products
Innovative products now represent ~34% of revenues; roofing and renovation mix grew—renovation nearly 50% of Western Europe business—supporting profitability.
Operational Cost Efficiency Delivered
Delivered ~EUR 30 million overhead savings in 2025 through strict cost discipline and structural simplifications; launched 'Fit for Growth' in Q3 2025 expected to deliver EUR 15–20 million annual savings at full run-rate.
Regional Outperformance and Market Share Gains
Western Europe new-residential volumes outperformed the market with a +2% volume increase; piping operations expanded market share in Europe and North America, with North American piping volumes growing and investments extended.
Disciplined CapEx and Shareholder Return
2026 capex guidance EUR 280 million (EUR 100m growth, EUR 160m maintenance, EUR 20m safety measures); dividend proposal maintained at EUR 0.95 per share with a payout ratio of 28% of free cash flow (within 20–40% policy).
Strategic Acquisition (Italcer) Strengthens Renovation Offering
Italcer acquisition: enterprise value ~EUR 560 million, expected full-year EBITDA contribution ~EUR 82 million; immediate consolidation (50%+1 share) to add ~EUR 50 million to 2026 EBITDA; initial cash impact of ~EUR 400 million with quick integration synergies (~EUR 10 million identified quickly, potential for more).
WBRBY 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
WBRBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2026 | $7.20 | $6.62 | -8.09% |
Nov 13, 2025 | $6.17 | $6.27 | +1.52% |
Aug 13, 2025 | $7.41 | $7.52 | +1.59% |
May 20, 2025 | $7.37 | $7.22 | -2.03% |
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 (WBRBY) report earnings?
Wienerberger (WBRBY) is schdueled to report earning on May 13, 2026, Before Open (Confirmed).
What is Wienerberger (WBRBY) earnings time?
Wienerberger (WBRBY) 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 WBRBY EPS forecast?
WBRBY EPS forecast for the fiscal quarter 2026 (Q1) is >-0.01.