| Business Summary | | Wienerberger
Baustoffindustrie
AG
is
a
producer
of
bricks
and
is
also
engaged
in
European
pipe,
roofing
and
paver
markets,
with
over
200
plants
in
26
countries.
The
Company
is
engaged
in
plastic
and
clay
pipes
in
Europe.
The
Company
also
has
building
material
operations
in
Europe,
the
United
States
and
Asia.
During
1999,
the
Company
has
invested
heavily
to
enter
the
United
States
market
and
further
expand
its
building
materials
activities
in
Europe.
More
than
87%
of
these
investments
were
made
in
the
Wall,
Ceiling
and
Roofing
Systems
business
unit.
Since
early
1999,
the
Company
has
added
66
newly
constructed
or
acquired
plants
to
its
portfolio.
A
total
of
19
plants
were
also
sold
or
closed.
The
traditional
core
business
of
the
Wienerberger
Group,
Wall,
Ceiling
and
Roofing
Systems,
is
complemented
by
the
Company's
concrete
products
and
chimney
systems
and
28
plants
for
clay
tiles
and
concrete
tiles
in
a
total
of
15
countries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Wienerberger
Baustoffindustrie
AG
is
a
manufacturer
of
building
materials
including
bricks,
wall,
ceiling
and
roofing
systems,
pipe
systems
and
sewage
technology.
For
the
six
months
ended
6/30/00,
revenues
rose
41%
to
EUR840.2
million.
Net
income
rose
53%
to
EUR94.4
million.
Revenues
reflect
growth
in
the
building
materials
segment,
and
acquisition
in
the
pipe
system
segment.
Earnings
also
reflect
increased
gain
on
sale
of
investments. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Wolfgang Reithofer | Deputy
CEO | Erhard Schaschl | CEO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|