Ceramic Industry News

Wienerberger Reports 16% Revenue Increase

November 15, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

Wienerberger AG recently released financial results for the first three quarters of 2011. The company reported revenues of €1555 million (~ $2109 million) for the first nine months of 2011, a 16% increase vs. the same period last year. After the consideration of non-recurring income, interest and taxes, Wienerberger recorded net profit of €65 million (~ $88 million) for the reporting period, compared with a loss of €14 million (~ $18 million) in the first nine months of 2010.

“These results prove that we are on the right course in these uncertain times,” said Heimo Scheuch, CEO. “The key factors for this success were our steady focus on cost management, as well as a concentration on marketing and sales with innovative and energy-efficient products. In spite of weakening demand on a number of markets, we significantly increased volumes in the premium segment.

“Even though momentum has started to slow in a number of markets, the overall trend remains positive. In Belgium and Switzerland, for example, the demand for bricks declined somewhat after a strong first six months, but we will still generate the expected moderate growth in both markets for the full year. Similar developments are also visible in other countries. Additionally, our strategy to increase sales of premium products was very successful this year, and we were able to outperform the markets in a number of key regions.”

For more information, visit www.wienerberger.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

THE MAGAZINE

Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40