EarningsQ2 2026 Earnings Report
MX:WIEN Q2 2026 EPS Results
Actual EPS$5.88
Consensus EPS$14.21
Beat/MissMissed by -$8.33
One Year Ago EPS$18.79
MX:WIEN Q2 2026 Revenue Results
Actual Revenue$28.56B
Expected Revenue$28.76B
Beat/MissMissed by -$199.13M
YoY Revenue Growth+12.97%
Earnings Announcement Details
QuarterQ2 2026
Date08/12/2026
TimeBefore Open
Conference CallWednesday, August 12, 2026
MX:WIEN Upcoming Earnings
Wienerberger AG's next earnings date is estimated for November 12, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:WIEN Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Negative
The call highlighted clear strategic progress (revenue growth, strategic M&A, increasingly resilient revenue mix toward renovation and infrastructure, implemented pricing and cost programs) and concrete plans to manage cash and leverage. However, near‑term performance is materially affected by sharp Q2 inflation (notably resin/energy), pronounced weakness in new residential markets in North America, UK and Canada, a EUR ~47m U.S. settlement one‑off, and an anticipated rise in leverage to ~2.8x by year‑end. Management presented workable mitigation steps (pricing, Fit for Growth, working capital and CapEx reductions) but the negative earnings and cash impacts in H1 and the one‑off settlement mean short‑term headwinds outweigh the positive strategic developments.Company Guidance
Strong Top-Line Growth in Q2
Group revenues increased 13% year‑on‑year to EUR 1.4 billion in Q2 2026, driven by 7% organic growth (approximately two‑thirds volume, >1/3 price) and 6% scope contribution from acquisitions.
Strategic Transformation and M&A Progress
Transformation away from cyclic new‑build toward renovation and infrastructure continues: ~60% of group revenue now from renovation and infrastructure. Closed major Italcer acquisition (purchase price ~EUR 160m) and smaller NEWS Group (turnover ~EUR 20m, EBITDA ~EUR 3–4m); Italcer already contributing to results and delivering early commercial synergies.
Pricing Actions Implemented
Company executed pricing steps through H1 and had pricing ~5% above the start of the year by end‑June/early July; management expects pricing to play a key role in reaching operating EBITDA targets and to largely cover cost inflation in H2.
Cost Savings and Operational Programs
Fit for Growth program expected to contribute ~EUR 25m in 2026 (an additional ~EUR 10m vs. prior expectation). Management also accelerating cost discipline, SG&A reductions, stricter CapEx control and purchasing optimisation to protect margins and cash.
Working Capital and Cash Management Focus
Working capital at EUR 1.4bn (up 6% YoY including M&A) but organic working capital improved (organic reduction ~EUR 29m YTD excluding M&A); target an organic working capital reduction of ~EUR 50m for H2 to support net debt reduction.
Resilient End‑Markets: Renovation and Infrastructure
Renovation and infrastructure end‑markets remained resilient as expected, supported by decarbonization measures, EU water resilience strategy and grid upgrades — these end markets helped drive organic volume growth in Continental Europe.
Balance Sheet Liquidity and Plan for Leverage
Management emphasizes a robust balance sheet and liquidity position, with clear actions to manage leverage (target maximum 2.4x by end‑2027 and midterm 2.0x), and expects to control financing costs (guidance: interest rate ~4% in 2026 vs 3.8% in 2025; financing cost increase ~EUR 10m).
MX:WIEN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed