Wienerberger Ag · VIE:WIE
Wienerberger — Q2 2026 Earnings Presentation
34 slides from Wienerberger's earnings presentation, Aug 12, 2026
Slide 1: Results Q2 2026
RESULTS Q2 2026 AUGUST 12TH, 2026
Slide 2: Cautionary Note Regarding Forward-Looking Statements
DISCLAIMER CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS › The information contained in this document has not been independently verified and no representation or warranty expressed or implied is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctne
Slide 3: Resilient Infrastructure and Renovation Activities Compensate Residential Market Weakness
INTRODUCTION RESILIENT INFRASTRUCTURE AND RENOVATION ACTIVITIES COMPENSATE RESIDENTIAL MARKET WEAKNESS FINANCIAL PERFORMANCE MARKET DYNAMICS Q2 revenues increased by 13% yoy to € 1.4 bn Infrastructure and renovation markets remained resilient and developed broadly in line with › 7% organic growth fr
Slide 4: Strategic Transformation Accelerates
INTRODUCTION STRATEGIC TRANSFORMATION ACCELERATES › The continued portfolio transformation away from cyclical residential new build is paying off › Infrastructure and renovation now contribute more than 60% of Group revenues, materially strengthening the resilience of the New business model resident
Slide 5: Italcer: An Important Milestone in the Transformation Journey
INTRODUCTION ITALCER: AN IMPORTANT MILESTONE IN THE TRANSFORMATION JOURNEY Renovation- led business The acquisition was completed in April 2026 Excellent Scalable buy- strategic fit and-build The entry into ceramic surfaces enhances the Group’s growth profile, platform profitability and sustainabili
Slide 6: News Group: Strengthening Our Position in Water Management
INTRODUCTION NEWS GROUP: STRENGTHENING OUR POSITION IN WATER MANAGEMENT Infrastructure business The acquisition was completed in April 2026 Expanded exposure to Leading provider of sustainable wastewater solutions water in Sweden and the entire Nordic region management markets Growing demand for sus
Slide 7: Strong Execution
INTRODUCTION STRONG EXECUTION The weaker residential market environment represents an ~€ 100 mn EBITDA headwind in 2026 Pricing measures in Europe of ~4.5% by the end of June are reflected in the earnings (vs January 2026) Fit for Growth measures to amount to approx. €25 million in 2026 Strict capit
Slide 8: Q2 2026 Financials
Q2 2026 FINANCIALS
Slide 9: Highlights Q2 2026
FINANCIALS Q2 2026 – GROUP HIGHLIGHTS Q2 2026 Solid set of results under difficult market conditions demonstrates the resilience of wienerberger‘s business model Revenues Operating EBITDA Working Capital € 1,409 mn € 230 mn € 1,407 mn (Q2 2025: € 1,247 mn | +13%) (Q2 2025: € 253 mn | -9%) (30.06.202
Slide 10: Renovation and Infrastructure Continue to Outperform New Residential Housing
FINANCIALS Q2 2026 – GROUP RENOVATION AND INFRASTRUCTURE CONTINUE TO OUTPERFORM NEW RESIDENTIAL HOUSING Revenue Bridge in € mn +13% COMMENTS 77 1,409 › Organic growth supported by renovation 88 -2 and infrastructure activities, ~ two third volume effect 1,247 › New residential housing remains under
Slide 11: Pricing Actions Taken Start Covering Higher Cost Inflation
FINANCIALS Q2 2026 – GROUP PRICING ACTIONS TAKEN START COVERING HIGHER COST INFLATION Operating EBITDA Bridge in € mn COMMENTS -9% 253 -38 › Strong cost inflation of ~7% driven by the 16 230 Middle East conflict, with -1 10 mEUR attributable to wienerberger- specific energy inflation -15% -1% +8% ›
Slide 12: Organic Working Capital Reduction in Inflationary Environment
FINANCIALS Q2 2026 – GROUP ORGANIC WORKING CAPITAL REDUCTION IN INFLATIONARY ENVIRONMENT Working Capital Bridge in € mn +6% 107 -29 1,407 1,329 30.06.2025 M&A impact Organic WC reduction 30.06.2026 Note: Rounding differences may arise from automatic processing of data 12 12
Slide 13: Q2 2026 – Operating Segments
FINANCIALS Q2 2026 – SEGMENTS Q2 2026 – OPERATING SEGMENTS Europe West Europe East North America +11% +29% -8% 814 414 196 181 730 Revenues 321 in € mn Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 -5% 0% -36% Operating EBITDA 136 129 70 70 47 30 in € mn Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2
Slide 14: Inflation Climbs in Q2 as Middle East Conflict Disrupts Commodity Markets
CONSUMED INFLATION – GROUP INFLATION CLIMBS IN Q2 AS MIDDLE EAST CONFLICT DISRUPTS COMMODITY MARKETS +2% +7% Q1 2026 Q2 2026 › +4% Resin market with shortages › Inflation broadly in line and significant price with expectations H1 2026 increases › Stable development of › Gas prices surge impacting en
Slide 15: H1 2026
H1 2026
Slide 16: Volume and Price Effect per End Market
FINANCIALS H1 2026 VOLUME AND PRICE EFFECT PER END MARKET H1 2026 GROUP VOLUME EFFECT EUROPE UK & NOAM NEW RESIDENTIAL +1% -12% -4% RENOVATION +4% -7% +2% INFRASTRUCTURE +4% -5% +1% TOTAL +2% -9% -1% GROUP PRICE EFFECT EUROPE UK & NOAM NEW RESIDENTIAL +1% +1% +1% RENOVATION +2% +1% +2% INFRASTRUCTUR
Slide 17: Bridges for the First Half-Year
FINANCIALS H1 2026 - GROUP BRIDGES FOR THE FIRST HALF-YEAR Revenue Bridge Operating EBITDA Bridge in € mn in € mn +4% 84 2,434 -15% 383 -71 22 -19 -4 18 326 2,346 +1% -1% +4% 16.3% -18% -1% +6% 13.4% H1 2025 Organic FX Scope H1 2026 H1 2025 Organic FX Scope H1 2026 Growth Growth Note: Rounding diffe
Slide 18: H1 2026 – Operating Segments
FINANCIALS H1 2026 – SEGMENTS H1 2026 – OPERATING SEGMENTS Europe West Europe East North America +5% +13% -14% 1,445 667 376 1,379 592 322 Revenues in € mn 631 252 Q1 179 Q1 649 Q1 271 141 Q2 730 814 Q2 321 414 Q2 196 181 2025 2026 2025 2026 2025 2026 -8% -13% -36% Operating EBITDA 205 189 103 75 90
Slide 19: Reconciliation of EBITDA on Group Level
FINANCIALS H1 2026 RECONCILIATION OF EBITDA ON GROUP LEVEL EBITDA adjustments H1 2026 H1 2025 in € mn EBITDA reported 256 378 One-offs +70 +4 Operating EBITDA 326 383 One-offs including: › € -47mn – USA Antitrust lawsuit › € -17mn – Restructuring measures › € -7mn – Acquisition costs related to M&As
Slide 20: Anti-Trust Case in the United States
FINANCIALS H1 2026 – GROUP ANTI-TRUST CASE IN THE UNITED STATES Legal Settlements Jet Stream, a US-based subsidiary manufacturing plastic pipes and systems, has reached an agreement to settle an antitrust class action lawsuit filed in September 2024 in the United States District Court for the Northe
Slide 21: Balance Sheet Management
BALANCE SHEET MANAGEMENT 21
Slide 22: Proactive Balance Sheet Management Plan in Place
OUTLOOK 2026 PROACTIVE BALANCE SHEET MANAGEMENT PLAN IN PLACE Stable weighted avg. interest rate in % 3.8% 4.0% 2.2x ~€ 400 mn 2.8x ~€ 180 mn 2.4x cash-out and acquisition of consolidation of outstanding M&As minorities 12/2025 12/2026e 12/2027e FY 2025 FY 2026e Leverage Ratio Additional financing c
Slide 23: Outlook
berger wiener OUTLOOK
Slide 24: Revised Assumptions Affected by Middle East Conflict
OUTLOOK 2026 REVISED ASSUMPTIONS AFFECTED BY MIDDLE EAST CONFLICT Increased Flat to slightly Weak Rising inflationary Guidance update growing new residential interest rate fully reflects infrastructure & pressure UPDATE housing expectations anticipated due to the Middle renovation in key markets dam
Slide 25: Strong Execution
OUTLOOK 2026 STRONG EXECUTION Operating performance Infrastructure & renovation activities as well as M&A to continue driving top-line growth Operating The weaker residential market environment represents an EBITDA ~€ 100 mn EBITDA headwind in 2026 Guidance 2026 € 700 mn Pricing measures in Europe o
Slide 26: Q&A Thank You for Your Attention
Q&A THANK YOU FOR YOUR ATTENTION. 26
Slide 27: Contact Details
CONTACT DETAILS investor@wienerberger.com | +43 1 60192 10221 | www.wienerberger.com | ISIN: AT0000831706 | ADR ISIN: US9676621074 Financial Calendar and upcoming events in 2026 Follow us on LinkedIn! Date Event 09/02/2026 Corporate Conference 2026, Frankfurt / Commerzbank & ODDO BHF 09/09/2026 Autu
Slide 28: Appendix
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Slide 29: Condensed Consolidated Income Statement
APPENDIX CONDENSED CONSOLIDATED INCOME STATEMENT CONDENSED CONSOLIDATED INCOME STATEMENT in € mn 1-6/2026 1-6/2025 Revenues 2,434 2,346 Cost of goods sold -1,593 -1,498 Gross profit 841 849 Gross margin (in %) 34.5 36.2 Selling and administrative expenses -677 -648 Other operating income and expense
Slide 30: Condensed Consolidated Balance Sheet
APPENDIX CONDENSED CONSOLIDATED BALANCE SHEET CONDENSED CONSOLIDATED BALANCE SHEET in € mn 30.06.2026 % 31.12.2025 % Property, plant and equipment 3,060 44 2,902 47 Goodwill 747 11 593 10 Other intangible assets 465 7 465 8 Other non-current assets 176 3 170 3 Non-current assets 4,458 64 4,130 67 Ca
Slide 31: Condensed Consolidated Statement of Cash Flows
APPENDIX CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS in € mn 1-6/2026 1-6/2025 Profit after tax - 108 Depreciation, amortization, and impairment of assets 196 181 Other adjustments -15 -17 Changes in working capital -368 -266 Changes in other net-cur
Slide 32: 10-Year Overview
APPENDIX APPENDIX 10-YEAR OVERVIEW Revenue (in € bn) 5.0 4.2 4.5 4.6 4.0 3.1 3.3 3.5 3.4 3.0 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 EBITDA reported (in € mn) Operating EBITDA (in € mn) 1,021 811 760 754 694 610 558 404 415 443 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Free Cash Fl
Slide 33: 3 Year Overview by Quarter
APPENDIX 3 YEAR OVERVIEW BY QUARTER Revenue (in € mn) 4,513 4,566 1,261 1,409 1,179 1,121 1,099 1,247 1,170 953 1,049 1,025 Q1 2024 Q2 2024 Q3 2024 Q4 2024 FY 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 FY 2025 Q1 2026 Q2 2026 Operating EBITDA (in € mn) 760 754 285 253 230 202 202 158 169 115 130 97 Q1 202
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