Wienerberger AG 2009 AR2
The report outlines Wienerberger's performance during the challenging economic environment of 2009, which was heavily impacted by the global recession and a decline in residential construction. To adjust capacity and protect liquidity, the company implemented a comprehensive action plan, including closing or mothballing 31 plants, reducing inventories by ’168 million, and cutting investments. Despite a 25% decline in revenues to ’1,816.9 million and a 53% drop in operating EBITDA to ’208.6 million, Wienerberger successfully increased free cash flow by 28% to ’250.8 million. Additionally, a capital increase in September raised net proceeds of ’320 million, helping to cut net debt by more than half to ’408 million.
Company: Wienerberger AG
Sector: Materials
Country: Austria
Year: 2009
Type: AR2
Pages: 176
Wienerberger AG
Annual Report
The report outlines Wienerberger's performance during the challenging economic environment of 2009, which was heavily impacted by the global recession and a decline in residential construction. To adjust capacity and protect liquidity, the company implemented a comprehensive action plan, including closing or mothballing 31 plants, reducing inventories by ’168 million, and cutting investments. Despite a 25% decline in revenues to ’1,816.9 million and a 53% drop in operating EBITDA to ’208.6 million, Wienerberger successfully increased free cash flow by 28% to ’250.8 million. Additionally, a capital increase in September raised net proceeds of ’320 million, helping to cut net debt by more than half to ’408 million.
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Document Details
Report Year
2009
Reporting Period
Jan 1, 2009 - Dec 31, 2009
Fiscal Year
2009
Published
Mar 24, 2010
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees