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Wienerberger ups full-year earnings forecast

VIENNA, July 27 – Austrian construction materials firm Wienerberger increased its full-year outlook on Monday after second-quarter earnings came in better than expected due to a relatively quick recovery in demand.

The world’s largest brickmaker now forecasts adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in a range of 460-480 million euros after previously expecting 440-480 million.

Second-quarter EBITDA came in at 150 million euros on sales of 847 million euros, the group said. (Reporting by Kirsti Knolle; edited by Thomas Seythal)

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