EQS-News: Full Year 2025 with strong profit increase – wienerberger further strengthens its renovation solutions business with the acquisition of Italcer

EQS-News: Wienerberger AG / Key word(s): Takeover/Annual Results
   Full Year 2025 with strong profit increase – wienerberger further
   strengthens its renovation solutions business with the acquisition of
   Italcer

   24.02.2026 / 07:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Full Year 2025 with strong profit increase

   wienerberger further strengthens its renovation solutions business with
   the acquisition of Italcer

     • FY 2025: Profit after tax doubled to €168 million, earnings per share
       rose to €1.52 and free cash flow reached the second-highest level in
       the company’s history at €474 million
     • Outlook 2026: Slight improvement in operating EBITDA expected despite
       continued market volatility (excluding acquisition)
     • Next step in growth strategy: wienerberger has signed an agreement to
       acquire Italcer Group, a leading export-oriented producer of high-end
       ceramic solutions for floors, walls and façades with production
       facilities in Italy and Spain
     • The acquisition strengthens wienerberger’s position in the growing
       renovation segment, serves as a new growth platform and is expected to
       contribute midterm more than €100 million to Group EBITDA

   Vienna, February 24, 2026 – In the financial year 2025, wienerberger once
   again demonstrated the strength of its business model in a challenging
   macroeconomic environment. Despite a sharp decline in new residential
   construction across most European and North American markets, the Group
   increased revenues year-on-year to €4.6 billion (2024: €4.5 billion) and
   achieved its earnings outlook with an operating EBITDA of €754 million
   (2024: €760 million) and a margin of 16.5% (2024: 16.8%).

   Earnings after tax doubled to €168 million (2024: €84 million), while
   earnings per share increased significantly from €0.72 in 2024 to €1.52 in
   2025. The free cash flow reached the second-highest level in the company’s
   history at €474 million compared to €417 million in the previous year.

   Supported by stable infrastructure and roofing markets as well as strict
   cost discipline, wienerberger further reduced net debt and improved its
   leverage ratio to 2.2 at year-end 2025 (2024: 2.3). A strong free cash
   flow was a key priority in this challenging environment and provides a
   solid foundation for continued strategic flexibility.

   More information can be found in the Full Year 2025 report: [1]Our latest
   results - Always up to date

   Outlook 2026: Resilience and disciplined growth

   For 2026, wienerberger expects continued geopolitical instability and
   ongoing macroeconomic volatility, with no structural recovery in new
   residential construction and no broad market rebound anticipated. Against
   this backdrop, the Group guides for a slight improvement in operating
   EBITDA to around €760 million in FY26 (2025: €754 million). However, the
   first half of 2026 will be particularly impacted by the extremely long and
   cold winter across all markets. wienerberger expects a corresponding
   market recovery starting in summer 2026. This development is supported by
   market-driven effects, inflation compensation and the continued execution
   of the “Fit for Growth” program, partly offset by FX and energy one-offs.

   Strategically, wienerberger will focus on three clear priorities in 2026:
   outperforming its markets, generating free cash flow, and expanding its
   earnings base. This disciplined approach underlines the Group’s commitment
   to organic growth, value creation and sustainable profitability despite
   challenging market conditions.

   Next step in growth strategy: Strengthening renovation solutions through
   Italcer

   wienerberger has signed an agreement to acquire the Italcer Group, a
   globally active producer of ceramic solutions with manufacturing hubs in
   Italy and Spain.

   Italcer: Outperforming markets with a strong decarbonization focus

   Italcer is a multi-brand specialist focusing on the premium and luxury
   segments and generates annual revenues of approx. €350 million. The
   transaction is fully value‑accretive, supported by Italcer’s strong EBITDA
   margin of above 20%.

   Italcer adopts sector‑leading sustainability practices and was the first
   European wall and floor tile producer to operate a 100% electric kiln.
   This is in line with wienerberger's efforts to decarbonize the
   construction industry, as demonstrated by the commissioning of the world's
   first electric kiln for brick production in Uttendorf, Austria, in
   November 2024.

   Strengthening renovation solutions

   The transaction expands wienerberger’s portfolio into the attractive
   premium façade systems market, strengthens its position in the European
   renovation segment in line with its diversification strategy, offers clear
   operational and sustainability synergies, and comes with a highly
   attractive financial profile.

   For wienerberger, the acquisition of Italcer is complementary to its
   existing business and offers unique growth opportunities, especially in
   the area of renovation where demand is on the rise. As part of its
   value-accretive growth strategy, wienerberger has continuously
   strengthened its position in this area through targeted acquisitions, such
   as the takeover of Terreal in the roofing segment in 2024. The acquisition
   of Italcer is wienerberger’s successful next step in executing this
   strategy, as its high-end ceramic solutions allow the company to further
   enhance its scope along the building materials value chain.

   Well positioned to capture market recovery

   In the mid- to long term, this transaction and in particular Italcer’s
   portfolio of façade applications will allow wienerberger to meet rising
   demand for solutions for the entire building envelope when market recovery
   picks up.

   As a global multi-brand specialist, Italcer generates 75% of its revenues
   internationally, providing a diverse portfolio of high-end ceramic
   solutions from extra-small tiles to large slabs to markets around the
   world. That makes it a perfect fit for wienerberger’s strategy of
   championing shifting market dynamics. This approach has allowed both
   companies to deliver strong results in their international operations
   despite global macroeconomic challenges.

   Heimo Scheuch, CEO of wienerberger, says: “wienerberger has a clear growth
   strategy as we proactively enhance our exposure to growth markets. The
   acquisition of Italcer will support this strategy by growing our offer in
   the renovation and new build segments and by enhancing our solutions
   offering for the entire building envelope especially in the facing brick
   solution market. In addition, Italcer’s innovations in decarbonizing the
   ceramic sector will actively contribute to our ambitions in leading
   ecological change in the construction industry, helping to shape a
   sustainable future for generations to come.”

   Graziano Verdi, CEO of Italcer Group, says: “Italcer has continuously
   outperformed markets thanks to our successful strategy of focusing on
   innovative, state-of-the-art solutions and industry leading service. By
   diversifying our portfolio while upholding the highest standards of
   quality, we always found demand in a great variety of export markets and
   grew sustainably across segments. This proactive strategy gave us
   resilience amidst challenging global economic conditions, which is one of
   many parallels we have with wienerberger. We also share the goal of
   driving the sustainable transformation of the construction industry, and
   our portfolios complement each other, allowing for new holistic building
   solutions. As a highly reputable and innovative company with clear
   ambitions and a proven track-record, we look forward to developing our
   activities on the wienerberger growth platform.”

   Graziano Verdi, CEO Italcer Group, will remain with the company and
   continue to drive the business forward.

   About Italcer

   The Italcer Group is a leading multi-brand specialist operating in the
   high-end design surfaces space, manufacturing top-quality outdoor and
   indoor ceramic products and employing nearly 1,200 people. Italcer has
   particularly been active in the small and extra-small tiles as well as in
   the slabs segments, experiencing significant growth.

   Transaction Details

   The transaction should be completed in the second quarter of 2026 and
   remains subject to approval by relevant competition authorities and the
   satisfaction of other conditions typical for a transaction of this nature.
   In a first step, wienerberger will acquire 50% plus 1 share from Mindful
   Capital Partners, Miura Partners and their co-shareholders and will hold
   the option to acquire the remaining shares in the first half of 2027. The
   acquisition will be financed by cash-on-hand and bank loans. For the time
   being and until final approval by competition authorities, Italcer will
   continue to operate its business completely separately.

   The takeover of Italcer is expected to generate strong synergies across
   the business, spanning the entire value chain from raw materials and
   production to technology, innovation and market access.

   wienerberger
   wienerberger is a leading international provider of innovative, ecological
   solutions for the entire building envelope, in the fields of new build and
   renovation, as well as infrastructure in water and energy management. With
   more than 20,000 employees worldwide, wienerberger's solutions enable
   energy-efficient, healthy, climate-friendly, and affordable living.
   wienerberger is the world’s largest producer of bricks and the market
   leader in clay roof tiles in Europe as well as concrete pavers in Eastern
   Europe. In pipe systems (ceramic and plastic pipes), the company is one of
   the leading suppliers in Europe and a leading supplier of facade products
   in North America. With its more than 200 production sites, wienerberger
   generated revenues of €4.6 billion and an operating EBITDA of approx. €754
   million in 2025.

   For further information, please contact:
   Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
   t +43 664 828 31 83 | [email protected]

   Therese Jandér, Senior Vice President Investor Relations Wienerberger AG
   t +43 664 780 02757 | [email protected]

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   24.02.2026 CET/CEST This Corporate News was distributed by [2]EQS Group

   View original content: [3]EQS News

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   Language:    English
   Company:     Wienerberger AG
                Wienerbergerplatz 1
                1100 Wien
                Austria
   Phone:       +43 1 60 192-0
   Fax:         +43 1 60 192-10159
   E-mail:      [email protected]
   Internet:    www.wienerberger.com
   ISIN:        AT0000831706
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 2280368


    
   End of News EQS News Service


   2280368  24.02.2026 CET/CEST

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