EQS-News: wienerberger strengthens its position in infrastructure and renovation – Q2 2026 results

EQS-News: Wienerberger AG / Key word(s): Quarter Results
   wienerberger strengthens its position in infrastructure and renovation –
   Q2 2026 results

   12.08.2026 / 07:30 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   wienerberger strengthens its position in infrastructure and renovation –
   Q2 2026 results

     • wienerberger reports Group-wide revenue growth of 13% year-on-year to
       €1.4 billion in Q2 26 (Q2 25: €1.2 billion)
     • Top-line growth was driven by resilient infrastructure and renovation
       activities, which now account for more than 60% of Group revenues, and
       M&A
     • Operating Q2 26 EBITDA decreased to €230 million (Q2 25: €253 million)
       due to weaker-than-expected residential new-build activity,
       particularly in North America and the UK, and elevated cost inflation
       resulting from geopolitical conflicts
     • Full-year guidance for operating EBITDA at €700 million

   Vienna, August 12, 2026 – Despite ongoing global macroeconomic challenges,
   wienerberger achieved solid results in Q2 26 by continuing to increase its
   exposure to less cyclical markets, especially infrastructure and
   renovation, where demand remains resilient. This offset much of the
   unexpectedly weak demand in residential new-build markets, especially in
   the United States, Canada and the UK. Revenue increased by 13%
   year-on-year to €1.4 billion (Q2 25: €1.2 billion), supported by 7%
   organic growth and a 6% contribution from M&A, while operating EBITDA
   reached €230 million (Q2 25: €253 million).

   Gerhard Hanke, Interim CEO and COO Central & East of wienerberger: “We
   have shifted the majority of our business toward structurally resilient
   renovation and infrastructure markets by executing the largest portfolio
   transformation in wienerberger’s history. Although the anticipated
   recovery in residential new-build markets did not materialize as expected,
   our strategic shift is proving its value. Through the acquisition of
   Italcer and targeted investments in roofing and infrastructure, more than
   60% of our revenue is now generated from these resilient segments,
   underscoring the success of our strategy and strengthening our ability to
   deliver sustainable growth.”

   Resilient demand in renovation and infrastructure – declines in individual
   residential new-build markets

   End markets showed significant differences in residential new-build
   activities. In particular, demand remained below expectations in the
   United States, Canada, and the UK, as elevated financing costs continued
   to weigh on investment decisions by both developers and private
   homeowners. Since these adverse effects have not been counteracted by
   public stimulus measures, the expected demand recovery did not
   materialize. However, infrastructure and renovation continued to
   outperform residential new-build construction.

   In Continental Europe, infrastructure and renovation remained resilient.
   Roofing activities benefited from the decarbonization of the aging housing
   stock and the resulting renovation spending across most European markets.
   Piping solutions also recorded solid demand driven by the European water
   resilience strategy and investments in upgrading European power grids.

   Targeted acquisitions drive the transformation of our portfolio

   Following its value-accretive growth strategy, wienerberger has continued
   its transformation towards resilient, less cyclical end markets with solid
   demand. A key milestone was the acquisition of a majority stake in Italcer
   in April 2026, an Italian specialist in ceramic wall and floor tiles. Its
   significant contribution to revenue and EBITDA is in line with
   wienerberger’s expectations, as the company is successfully managing
   volatility in markets such as North America and the Middle East. Beyond
   its financial contribution, Italcer reinforces wienerberger’s strategic
   positioning as a provider of innovative and sustainable building solutions
   for renovation markets.

   In infrastructure, wienerberger has also increased its position with
   acquisitions such as the NEWS group in April 2026, a leading provider of
   sustainable wastewater solutions in Sweden and the broader Nordic region.
   Growth there has been driven by climate adaptation, urbanization and
   investments in utility networks. These and other strategic investments,
   such as the acquisition of roofing-expert Terreal in 2024, have increased
   wienerberger’s revenue share from structurally resilient infrastructure
   and renovation markets to over 60%.

   Financial performance in the second quarter of 2026

   In Q2 26, wienerberger increased revenue by 13% year-on-year to €1.4
   billion (Q2 25: €1.2 billion), supported by 7% organic growth and a 6%
   contribution from M&A. Operating EBITDA reached €230 million (Q2 25: €253
   million) corresponding to an operating EBITDA margin of 16.3% (Q2 25:
   20.3%). Key drivers for the decline in operating profit were
   weaker-than-expected residential new-build activity, particularly in North
   America and the UK, and elevated cost inflation resulting from
   geopolitical conflicts. Profit/loss after tax amounted to €31 million (Q2
   25: €103 million), resulting in earnings per share of €0.28 (Q2 25:
   €0.93).

   The company’s free cash flow totaled €83 million in Q2 26 (Q2 25: €124
   million), primarily reflecting higher working capital requirements
   following the acquisition of Italcer. Net debt stood at €2.4 bn as of June
   30, 2026 (June 30, 2025: €2.0 bn).

   Fit for Growth initiatives against market weakness

   wienerberger has intensified its Fit for Growth programs, focusing on
   optimization and efficiency activities across operating costs, capital
   expenditure and working capital management. By maintaining capital
   discipline, the company expects to further accelerate incremental cash
   savings during the rest of 2026, preserving strategic flexibility for
   future growth opportunities.

   Regional Developments H1 2026

   The region Europe West delivered a resilient performance, supported by its
   balanced exposure to infrastructure and renovation markets. Infrastructure
   demand remained particularly strong, driven by investments in water and
   wastewater networks, power-grid modernization and climate-adaptation
   projects. Renovation activity was stable to positive and broadly in line
   with expectations across the region. In contrast, residential new-build
   construction declined in the UK, but also remained below expectations in
   Germany and France due to affordability pressures and cautious investment
   sentiment.

   After a weather-related slow start to the year, Europe East showed
   gradually improving market conditions in Q2 26. Recovery gained momentum
   in several Central and Eastern European markets, particularly in Poland
   and the Czech Republic, supported by stronger permitting activity,
   improving financing conditions and infrastructure investments.
   Infrastructure demand remained stable across the region, driven by
   investments in water, wastewater and utility networks.

   The region North America faced challenging market conditions with
   residential new-build activity declining in both the United States and
   Canada due to elevated mortgage rates, affordability pressures and
   economic uncertainty. Infrastructure markets proved more resilient,
   supported by ongoing investments in water distribution, wastewater systems
   and utility-network modernization, but faced a highly competitive pricing
   environment.

   Legal Settlement

   In July 2026, Pipelife Jet Stream, Inc., a U.S.-based subsidiary of
   wienerberger, agreed to settle three antitrust class action lawsuits in
   the United States for a total of USD 52.4 million, subject to final court
   approval. The settlement does not constitute an admission of liability and
   will fully resolve all civil claims against the company in these
   proceedings. The payment is expected in 2026 and will be reported as a
   one-off item affecting reported EBITDA only, with no impact on operating
   EBITDA.

   Outlook

   Based on current market conditions, wienerberger expects infrastructure
   and renovation activities as well as the contribution from acquisitions to
   continue performing broadly in line with the assumptions underlying the
   Group’s guidance at the beginning of the year. Furthermore, management has
   acted decisively to mitigate short-term volatility in input costs,
   particularly plastic granulate, logistics and energy, and has implemented
   targeted pricing and efficiency measures to mitigate cost inflation.

   Given persistent affordability constraints, elevated financing costs, and
   continued geopolitical uncertainty, wienerberger expects new residential
   construction activity to remain subdued over the coming quarters. This is
   expected to adversely impact the Group’s EBITDA by approximately €100
   million in 2026 compared with the assumptions underlying the Group’s
   initial guidance for 2026, of which around €40 million was incurred in the
   first half of the year. As a result, the Group expects operating EBITDA to
   amount to €700 million.

   wienerberger will continue its transformation towards less cyclical,
   resilient markets combined with disciplined cost management and ongoing
   efficiency measures. Amid continuous market volatility, these measures
   will provide a solid foundation to navigate the current market environment
   and support long-term value creation.

   For the complete report on the second quarter of 2026, please visit:
   [1]Link

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

   Alfredo Sibilia, Senior Officer Investor Relations Wienerberger AG
   t +43 664 812 10 72 | [email protected]

   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.

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   12.08.2026 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)
   LEI Code:    529900VXIFBHO0SW2I31
   EQS News ID: 2380918


    
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