Wienerberger cut its 2026 operating EBITDA guidance to €640 million to €650 million, citing weaker-than-expected construction activity and higher energy, raw-material and logistics costs, sending its shares down as much as 4.8% on Tuesday. The building materials maker said additional sales initiatives, price increases and cost and efficiency measures did not fully offset the higher costs in the third quarter. The seasonal recovery in construction activity after the summer holiday period was weaker than expected in September, with residential new-build activity in the UK, the United States and Canada remaining under pressure while renovation and infrastructure activity was more stable. For the third quarter, Wienerberger expects revenue of about €1.2 billion to €1.3 billion and operating EBITDA of about €170 million to €180 million. Interim CEO Gerhard Hanke said the company had begun accelerating and enhancing its cost-optimisation measures to strengthen profitability and reduce leverage, and had started a strategic review and was developing strategic initiatives to address the challenges facing the business.
Wienerberger AGWienerberger cut its 2026 EBITDA guidance to €640-650m on weak construction activity and higher energy, raw-material and logistics costs.
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