Wienerberger AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 03:04 am EDT
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Wienerberger AG reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EUR 1,415.27 million compared to EUR 1,071.03 million a year ago. Net income was EUR 208.19 million compared to EUR 85.31 million a year ago. Basic earnings per share from continuing operations was EUR 1.86 compared to EUR 0.76 a year ago. Diluted earnings per share from continuing operations was EUR 1.86 compared to EUR 0.76 a year ago.
For the six months, sales was EUR 2,571.91 million compared to EUR 1,867.54 million a year ago. Net income was EUR 320.88 million compared to EUR 113.74 million a year ago. Basic earnings per share from continuing operations was EUR 2.84 compared to EUR 1 a year ago. Diluted earnings per share from continuing operations was EUR 2.84 compared to EUR 1 a year ago.
Wienerberger AG is one of Europe's largest building materials producers. Net sales break down by family of products as follows:
- walls, ceilings and roofing (54%): perforated bricks, facing bricks, tiles (clay, concrete or chimney tiles). Wienerberger AG is the world's leading producer of bricks;
- pipes (27%): pipes for water conveyance and sewers and concrete floor tiles.
The remaining sales (19%) relate to activity in North America.
At the end of 2022, the group operated 216 industrial sites worldwide.
Net sales are distributed geographically as follows: Germany (6%), the United Kingdom (8.2%), the Netherlands (8%), Austria (5.8%), Poland (5.5%), France (5%), Europe (30.5%), the United States (17.4%) and other (13.6%).