Wienerberger AG · VIE:WIE
Wienerberger — H1 2013 Earnings Presentation
8 slides from Wienerberger's earnings presentation, Jul 11, 2013
Slide 1: Trading Update H1 2013
Trading Update H1 2013 July 11, 2013 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 fairnes
Slide 2: Overview H1 2013
Overview H1 2013 Pipelife consolidation delivers expected EBITDA contribution of € 30 mn Steinzeug-Keramo: development according to plan in Q2 after weak Q1 Semmelrock: better results due to cost savings expected North America: moderate growth in H1 3 Overview H1 2013 Market environment st
Slide 3: Euroconstruct Forecast vs. Wienerberger Expectation for New Residential Construction
Euroconstruct Market Forecast for New Residential Construction 2013 Still Too Positive Euroconstruct forecast: SFH starts 2013 Forecasts still too positive in +12% -2% GER, NL, F, UK 0% -6% +5% and PL -4% -1% -8% -9% -6% -3% Market growth Stable development Market decline Source: Euroconstruct June
Slide 4: More Stable Development of RMI Expected for Full Year 2013
More Stable Development of RMI Expected for Full Year 2013 Euroconstruct forecast: RMI spending in residential Weather-related weak construction 2013 start in H1 above all in roof tile segment Roof tiles make an important contribution 0% +1% to EBITDA in Western +4% -2% -1% Europe -6% 0% Signi
Slide 5: North America: Moderate Growth in H1
North America: Moderate Growth in H1 Wienerberger brick markets in North America Market: latest data forecast annualized growth rate of 16% in SFH starts (U.S. Census Bureau) Mountain Region Wienerberger: Midwest Northeast - H1: weather-related moderate growth (time lag between permits and start
Slide 6: Steinzeug-Keramo and Semmelrock Development
Steinzeug-Keramo: Q2 in line with Expectations Following Challenging Q1 Steinzeug-Keramo markets After a difficult Q1 due to harsh weather conditions the Q2 performance met expectations Stable Q2 development in GER Difficult market environment in PL Prices are stable to slightly positive Ste
Slide 7: Slight Price Decline in Challenging Environment in H1 2013
Slight Price Decline in Challenging Environment in H1 2013 Bricks & Tiles Europe - Western Europe: price increases despite challenging market conditions - Eastern Europe: as of May/June price pressure for building materials started to build as a result of demanding market conditions especially in
Slide 8: Outlook 2013
Outlook 2013 Catch-up of weather-related revenue and earnings decline from H1 not expected (impact of ~ € 20 mn on operating EBITDA in FY 2013) Bricks & Tiles Europe: - Moderate volume decline expected for 2013 ( significant increase in H2) - Savings from cost optimization program - Prices are