Ad-hoc | 12 March 2001 08:31
Ad hoc-Service: Wienerberger Baustoffind.
englis
Ad-hoc announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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At the turn of the year 2000/01 Wienerberger decisively strengthened its market
position in the Reform Countries of Poland, the Czech Republic, and Hungary with
investments of approximately EUR 30 million.
In Poland two plants were acquired in Zlocieniec and Zieleniec with a joint
capacity of 55 million SBU (Standard Brick Units = standard format for hollow
bricks). In order to utilize synergy, the existing organization in Warsaw will
be responsible for administration and sales in the future. In addition, the
newly constructed hollow brick plant in Gnaszyn started operations at the turn
of the year. This plant has a capacity of 140 million SBU and will strengthen
our activities in southern Poland. Wienerberger now operates nine plants with a
total capacity of roughly 700 million SBU and holds a 26% share of the brick
market in this largest Reform Country. Our goal is to further increase market
share and to develop an extensive supply network with Wienerberger “Porotherm”
bricks.
In the Czech Republic we acquired the Prestice hollow brick plant, which is
located in West Bohemia and currently produces 40 million SBU per year with 55
employees. This acquisition will expand Wienerberger’s strong market position in
the Czech Republic to cover West Bohemia and provide opportunities for synergy
through integration in our existing organization.
In Hungary we were able to acquire the remaining shares in Dunantuli Teglagyarak
Rt. at year-end. Dunantuli operates three brick plants in Kisber, Pannonhalma
and Teskand with a total capacity of 130 million SBU.
The Reform Countries of Eastern Europe are home to a population of 120 million
and traditional hollow brick markets in which Wienerberger holds a number of
excellent positions. At this time, we manufacture at 41 brick plants in 7
countries. During the prior year, the brick segment generated sales of EUR 201
million and record EBIT of EUR 50 million. Since 1995, sales in our core
business have risen by 39% each year and operating profit by an outstanding 62%.
We view this as first impressive proof of our strategy and the high growth
potential inherent in these countries.
Wienerberger Baustoffindustrie AG
The Managing Board
Vienna, February 9, 2001
For additional information contact:
Thomas Melzer, IR and PR, Tel.: +43(1) 60192-471, E-Mail:
investor@wienerberger.com
end of Ad hoc-announcement, (c) DGAP 12.03.2001
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