Wienerberger posts loss due to known one-off, reiterates outlook

26 Feb, 2015

VIENNA: Wienerberger, the world's leading brick-maker, posted a 2014 net loss of 170 million euros ($193 million) due to one-off charges, but is cautiously optimistic about growth in Europe and the United States this year, it said on Thursday.

Earlier this month, Wienerberger reported non-cash, one-off hit of 208 million euros, mainly in the United States.

The Austrian company reiterated its target to reach earnings before interest, tax, amortisation and depreciation (EBITDA) of 350 million euros in 2015.

Copyright Reuters, 2015

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