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ots Ad hoc-Service: Wienerberger Baustoffind. <AT0000831706> Report on the Third Quarter 2000

Vienna (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
Report on the Third Quarter 2000
The first nine months of this year were characterized by the
systematic implementation of our Wienerberger concentration strategy.
The final milestone was reached at the end of September with the
successful sale of Treibacher Industrie AG. This transaction reduced
the share of Group capital employed held by the Financial Investments
business unit to less than 1% from a level of 37% four years ago. The
Wienerberger Group has now become a "pure player" in the
international building materials industry.
During the first three quarters of the reporting year, Group sales
rose by 33% to EUR 1,319.5 million. Growth in the building materials
segment was especially solid, with an increase of 34% to EUR 1,152.1
million. Organic growth in bricks and pipes reached only 3%,
reflecting increasingly difficult market conditions in Germany and
Austria. In contrast, outstanding results were recorded in Eastern
Europe and the USA. Group EBIT increased by 77% from January to
September, rising to EUR 236.1 million. This development was
supported by gains on the sale of Treibacher Industrie AG, Wipark
Garagen GmbH and the Wiekor Group. Even after adjustment for
non-recurring effects in both comparative periods, operating income
shows a solid increase of 37% to EUR 140.5 million. EBIT on building
materials activities rose by 46% to EUR 146.2 million during the
first nine months of this year. Organic earnings growth in the
building materials segment was, however, impaired by a massive
increase in the cost of energy and a difficult market environment in
Germany and Austria.
Third Quarter The outstanding developments of the first six months
did not continue into the Third Quarter. A strong decline in
residential construction orders in Germany (-22% vs. September 1999)
obviously led to a decrease in brick sales, and continuing excess
capacity increased pressure on prices. Market problems in Germany
also affected the clay pipe and plastic pipe segments. Sales of
building materials still rose by a total of 19% to EUR 420.2 million,
supported by US acquisitions this year. EBIT in the building
materials segment was further affected by high energy prices in the
Third Quarter, and declined by 8% to EUR 47.2 million from the highly
profitable period of last year.
Results 1-9/2000 - Sales
                                   1-9/1999      1-9/2000       Vdg.
                                  in EUR mill.  in EUR mill.    in %
Wall, Ceiling and Roofing Systems   620.1          828.6        +34
Pipe Systems and Sewage Technology  237.8          323.5        +36
Building Materials                  857.9        1,152.1        +34
Financial Investments               133.5          167.4        +25
Wienerberger Group                  991.4        1.319.5        +33
Results 1-9/2000 - EBIT
                                   1-9/1999      1-9/2000       Vdg.
                                  in EUR mill.  in EUR mill.    in %
Wall, Ceiling and Roofing Systems    83.6           124.7       +49
Pipe Systems and Sewage Technology   16.4            21.5       +31
Building Materials                  100.0           146.2       +46
Financial Investments                33.5            89.9      >100
Wienerberger Group                  133.5           236.1       +77
End 
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