Wienerberger adjusts full-year guidance amid weak demand and inflation
The company cites challenging UK and US markets plus rising costs. Interim CEO Gerhard Hanke initiated a strategic review to improve profitability.
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Provider of building envelope and infrastructure solutions
wienerberger.comLast updated
In short: wienerberger cut full-year guidance after CEO Heimo Scheuch resigned amid weak housing demand and a Moody's downgrade warning.
The company cites challenging UK and US markets plus rising costs. Interim CEO Gerhard Hanke initiated a strategic review to improve profitability.
The presentation highlights H1 2026 financial results, including €2.4bn revenue and recent acquisitions like Italcer.
Gerhard Hanke will become interim CEO. The search for a long-term successor begins. Heimo Scheuch had been in office since 2009.
Q2 revenue reached €1.4 billion, driven by acquisitions and renovation markets. EBITDA faced headwinds from residential weakness and cost inflation.
Weak housing construction and higher costs are weighing on Wienerberger; the group expects an EBITDA of EUR 640 to 650 million for 2026.
On October 6, 2026, Wienerberger adjusted its 2026 operating EBITDA guidance to EUR 640 million to EUR 650 million, according to the company’s press release...
The group is integrating Univerzum Export-Import, expects lower operational EBITDA for 2026 and announces accelerated savings.
(new: share price, more details, analysts) * Wienerberger cuts profit forecast for 2026 again * Share plunges * Operating result now at EUR 640 to 650 million...
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