Wienerberger : triples net result with € 69 million

Clay Building Materials Europe: 2% increase in revenues and 15% EBITDA growth
Residential construction in Europe trended slightly upward during the first nine months of the year. Especially the development in Eastern Europe stayed strong. Wienerberger benefited from the pickup of the residential construction market in the region and was able to further increase the sales of clay blocks and roof tiles. Combined with slightly improved average prices, these developments led to a significantly higher operating result. Western Europe remained at a highly satisfactory level, although the strongly diverging regional trends observed earlier in the year continued. Positive developments were seen in the German, Dutch and French housing markets. Product deliveries in Belgium declined during the first six months of the year, but picked up again in the third quarter. After Great Britain's vote to leave the European Union, the UK brick and roof tile market developed better than expected, as ongoing housing projects were completed and inventories along the supply chain returned to normal. As a result, facing brick sales exceeded the previous year's volume, and also the roof tile business performed better than in 2015 in the UK. In contrast, our continental roof tile business fell short of the previous year's results, which was primarily due to spending restraint in the renovation market, an important driver of the roofing business. Altogether, the Clay Building Materials Europe Division generated revenues of € 1,277.8 million from January to September 2016, up by 2% from the same period of the year before. Operating EBITDA increased sharply by 15% to € 216.9 million during the reporting period.

Drop in revenues and earnings reported by Pipes & Pavers Europe Division
Business in the Pipes & Pavers Europe Division was influenced by two main factors: On the one hand, some regions and countries, such as the Netherlands, Austria and the Nordics, reported satisfactory developments. On the other hand, Wienerberger continued to be confronted with a weak order situation in Eastern European infrastructure business and in the international business of our plastic pipe activities. This had a negative impact on the Division's revenues and operating EBITDA. Revenues therefore declined by 5% to € 772.8 million in the first nine months of the year. Operating EBITDA dropped by 10% to € 83.2 million over the same period.

Continued positive development of North American and Canadian brick business
The US brick business and our activities in Canada were highly satisfactory in the third quarter of 2016. Owing to intensive competitive pressure, the result of the North American plastic pipe business however remained below the previous year's level. In total, the North America Division reported a 5% increase in revenues to € 220.3 million in the first nine months of the year. Despite the strong organic growth, the Division's EBITDA, amounting to € 17.5 million, stayed below the previous year's level, mainly due to significantly lower contributions to earnings from real estate sales. Adjusted for these effects, the Division reported 25% organic earnings growth.