February 26, 2025 12:11 GMT
BASIC INDUSTRIES: Wienerberger (WIEAV Baa3/NR/NR): FY24 Results
BASIC INDUSTRIES
Not market moving.
- Wienerberger reported revenue and adj. EBITDA in line with consensus.
- FCF was marginally ahead at €280mn with WC optimisation and capex marginally low although it did make a significant acquisition in the year. Reported net leverage unchanged at 2.7x.
- It sees improving sentiment but end markets only stable for now.
- FY25 EBITDA guidance of €800mn, 5% below consensus.
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