Growth-oriented investments strengthen our position in core markets. Read more about the Success Stories in the 2017 Annual Report.
VIENNA, 02-Apr-2018 — /EuropaWire/ — What does the network on the cover of the 2017 Annual Report stand for? The full strength of the Wienerberger Group, as each of the dots represents one of the Group’s production sites. “Building the Future” offers comprehensive insights into the development of business during the past year and Wienerberger’s strategy for the future.
2017 was an eventful year, marked by important financial milestones: We generated record revenues of over € 3.1 billion – the highest ever in the history of the Group. We managed to increase our EBITDA for the fifth consecutive year, reaching € 415 million: a clear indication that the continuous optimization of our business is bearing fruit. Below the line, these figures translated into a significantly higher net profit of € 123 million, our highest in the last ten years.
We also used the past year to accelerate the pace of growth. By taking over the Belgian Preflex Group, we strengthened our position in the profitable segment of prewired electric conduits. Acquisitions in Germany, Austria and North America broadened the geographic scope of our brick business. An acquisition in Romania is still subject to approval by the local competition authority. These newly acquired companies are a perfect geographic and strategic fit for our existing business and will further strengthen our profile in the coming years.
Today, Wienerberger is in a better position than ever to reach its goal of maximizing the long-term growth potential of the Group. Against this background, “Building the Future” describes the strategy pursued by the Group with its focus on three strategic priorities: organic growth, operational excellence and growth projects. The latter are presented in detail in the four Success Stories featured in the 2017 Annual Report.
SOURCE: Wienerberger AG
Head of Corporate Communications
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