Satisfactory revenue and earnings growth in Clay Building Materials Europe Division
In the first quarter, residential construction showed a slight upward trend, in both Western and Eastern Europe. While construction activities were slowed down in January and February by unfavorable weather conditions, business picked up significantly in March. Overall, Wienerberger recorded a notable increase of sales volumes in its Clay Building Materials Europe Division. Prices were nearly stable during the reporting period. Against this background, the Division generated revenues of € 372 million, corresponding to a 9% increase over the first quarter of 2016. The segment's EBITDA rose significantly compared to the same period of 2016, growing from € 30 million to € 41 million.
Pipes & Pavers Europe reports positive development of revenues and drop in EBITDA
The infrastructure market was characterized by highly diverging developments in the first three months of 2017. A slight recovery of markets in Eastern Europe and the sound development of our Nordic core markets had a positive impact on the development of the pipe business. However, this was not enough to compensate for weak demand in the international project business with long-length-large-diameter and fiber-reinforced plastic pipes and the absence of exports of ceramic pipes to the Middle East. Sales of concrete pavers declined slightly for seasonal reasons, but improved cost structures led to a higher operating result. Between January and March revenues of the Pipes & Pavers Europe Division increased by 4% to € 211 million and EBITDA declined to € 7 million.
North America Division generates significantly improved result
Wienerberger's brick business in the USA benefited from more favorable weather conditions than in the previous year. This resulted in livelier activities in the single- and two-family home segment. The positive development of demand also continued in Canada. The US plastic pipe business recovered and improved results. Overall, the North America Division generated revenues of € 74 million, which corresponds to an 18% increase compared to the first quarter of the previous year. During the same period, earnings rose significantly by 68% to € 4 million.
Wienerberger AG published this content on 10 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 May 2017 05:55:17 UTC.
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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%).
WIENERBERGER AG 
