Wienerberger Revenues Reach All-Time High in 2018
With revenues of approximately €3.3 billion (approximately $3.8 billion), Wienerberger set a new record in the 200-year history of the company.
The Wienerberger Group recently announced that it closed the business year 2018 with successful results. Strong operating performance was reportedly based on organic growth, the contribution to earnings generated through optimization measures, and the successful integration of acquisitions.
With revenues of approximately €3.3 billion (approximately $3.8 billion), Wienerberger set a new record in the 200-year history of the company. Measures taken within the framework of the Fast Forward 2020 optimization program reportedly contributed approximately €20 million (~ $23 million) to earnings.
“2018 was a year of strong growth for the Wienerberger Group,” said Heimo Scheuch, CEO. “Record revenues, as well as operating results and the dividend at their highest levels since 2008, speak a clear language: Wienerberger is on a path of sustainable growth. Besides our strong organic development, we also set strategic milestones in 2018. We acquired companies that ideally complement our market position, and with Fast Forward 2020 we launched an ambitious optimization program, which fully met its targets set for the first year.”
Additional details are available at https://wienerberger.com.