Wienerberger Posts Historic 2024 Results, Driving Growth Through Strategic Acquisitions and Sustainability Initiatives

Wienerberger Posts Historic 2024 Results, Driving Growth Through Strategic Acquisitions and Sustainability Initiatives

(IN BRIEF) In 2024, wienerberger delivered one of its strongest performances to date, achieving a 6% rise in revenues to €4.5 billion and maintaining a 17% operating EBITDA margin, despite challenging market conditions in the construction sector. The company adhered to its long-term growth strategy through disciplined cost management, operational efficiency, and strategic acquisitions. These efforts included the successful integration of Terreal, boosting the renovation segment, and expanding market share in water and energy management. Additionally, acquisitions of Slatek OY, Tekken AS, and GrainPlastics have further strengthened its portfolio and supply chain. On the sustainability front, wienerberger made significant strides by launching a nearly CO₂-neutral brick plant in Austria and introducing the innovative Wioniq platform to consolidate smart water and energy solutions, underscoring its commitment to decarbonization and a circular economy.

(PRESS RELEASE) VIENNA, 31-Mar-2025 — /EuropaWire/ — In 2024, wienerberger recorded its third-best performance ever, achieving notable results even amid a challenging market landscape, especially within the new build sector. The company saw a 6% increase in total revenues, reaching €4.5 billion, and sustained a solid group-level operating EBITDA margin of 17%. This performance was driven by strict cost control measures and heightened operational efficiency, confirming the robustness of wienerberger’s long-term growth strategy centered on value creation through targeted acquisitions.

Despite slower-than-anticipated recoveries in most global construction markets, where interest rates declined at a reduced pace, construction costs remained high, and political uncertainties dampened investment, wienerberger stayed true to its strategy. The firm concentrated on organic growth fueled by innovation and an expanding portfolio of system solutions, while also capitalizing on strategic acquisitions. This approach allowed wienerberger to benefit from surging demand in markets that rebounded more quickly. Notably, the ahead-of-schedule integration of Terreal significantly boosted overall profitability by enhancing the company’s footprint in the rapidly growing renovation market. Furthermore, strategic investments in plant expansions and new system solutions enabled the company to secure additional market share in the water and energy management piping sector.

In addition, several key acquisitions—namely Slatek OY in Finland, Tekken AS in Norway (specializing in smart water solutions), and GrainPlastics in the Netherlands (focused on drainage and cable protection solutions)—have broadened the company’s portfolio, refined its supply chain, and set the stage for sustainable long-term growth.

Sustainability remains a cornerstone of wienerberger’s strategy. In 2024, the company advanced its ambitious 2026 objectives for decarbonization, biodiversity, and circular economy practices by introducing new ecological construction solutions. A significant milestone was the inauguration of its modernized, nearly CO₂-neutral brick plant in Uttendorf, Austria, featuring the world’s largest electric industrial kiln. This facility now stands as Europe’s most sustainable brick production site. These advancements underscore wienerberger’s commitment to spearheading the green transformation across the construction industry.

“Today, wienerberger is more resilient, innovative, and efficient than ever. As part of our strategy, we are committed to driving the transition towards climate neutrality – creating long-term opportunities for future generations. Sustainability and innovation go hand in hand, and form the core of wienerberger. We will keep developing new solutions for ecological and innovative construction as well as smart water and energy management solutions and lead the transformation of the entire construction sector.”
— Heimo Scheuch, CEO

Innovation is a key driver for sustainable growth at wienerberger. The company currently generates 33% of its revenue from innovative products, with an objective to reach 35% by 2026. A major initiative in this area was the launch of Wioniq, a platform that consolidates four innovative companies—Inter Act, I-Real, Wideco, and Slatek—into one entity focused on smart water and energy management solutions. This move is expected to unlock significant growth potential, further enabling the company to reduce emissions, conserve natural resources, and enhance quality of life for current and future generations.

For more detailed insights into wienerberger’s sustainable vision and the concrete steps being taken to realize these ambitions, please refer to the Annual Report 2024.

Media Contacts:

Claudia Hajdinyak
Head of Corporate Communications
Wienerberger AG
+43 664 8283183
claudia.hajdinyak@wienerberger.com

Therese Jandér
SVP Investor Relations
Wienerberger AG
+43 1 60192 10221
investor@wienerberger.com

SOURCE: Wienerberger AG