Wienerberger AG (WBRBY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and a warm welcome to Vinneberg SQ1 2025 update call. Thank you for taking the time to join us today. My name is Therese Jande, and I'm pleased to hosting this call from our head office here in Vienna. And I'm also joined here by our CFO Dagmar Steinert, who is here with me in person. And I'm also super delighted to welcome our CEO, Harmo Scheuch, who is calling in from the United States today. We will begin with a brief presentation of the key developments and then the financials for this quarter. Afterwards, we will open the line for questions. So with that, I hand over to Mr. Heimo Scholl. Thank you, Therese, and a wonderful good morning also from my side to everybody on the call. Let me start with a general remark on the overall geopolitical and economical situation. I think all of us have been exposed to a very volatile, a very dynamic situation. geopolitical issues left and right and also on the financial and economical side with the discussions on tariffs and other issues especially coming out from the US administration that significantly influenced the financial markets but also end markets when we talk about the building environment. Looking in more detail to our end markets, we have seen, I would say, a solid start into the year with respect to European operations, especially in the renovation part of our business. We have seen, due to our strong exposure in the roofing field, a very good start and good demand levels inward. Western Europe, in the UK, also in Eastern Europe, so that we can say that this is a very satisfactory environment to start with, so fully in line with our expectations. Looking to the infrastructure market, where we are to the water and energy transportation when it comes to infrastructure. Here we have seen a r...