EANS-News: Wienerberger AG: Successful 2nd round of Employee Participation Program
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------
Company Information
Vienna - April 29, 2020
The Wienerberger Group successfully concluded the second round of its Employee
Participation Program. Of the 4,400 employees in Austria, Great Britain, the
Netherlands and the Czech Republic eligible to participate in the program, up to
a quarter used the opportunity to invest in Wienerberger. The total volume
invested came to over EUR 2.3 million, the average investment per employee
amounting to more than EUR 3,300.
"The high rate of participation is a clear signal of strength, especially in
times like these, with all of us severely affected by the crisis. It shows that
our employees believe in the future of Wienerberger", says Wienerberger CEO
Heimo Scheuch, commenting on the successful second round of the Employee
Participation Program, and adds, "We are convinced that we have the right
strategy to come out of this crisis stronger. As co-owners, our employees will
benefit in the long term, just like all other shareholders".
Wienerberger is one of the companies in Austria that offer their employees the
opportunity to invest in the company through an employee participation program
managed by a private foundation. In the second round, employees in Great
Britain, the Netherlands and the Czech Republic were able to participate in the
program for the first time. Given its extraordinary success, Wienerberger
intends to roll out the program to additional countries. The next offer period
of the program will start in 2021.
Wienerberger Group
The Wienerberger Group is a leading international provider of smart solutions
for the entire building envelope and for infrastructure. Wienerberger is the
world's largest producer of bricks (Porotherm, Terca) and the market leader in
clay roof tiles (Koramic, Tondach) in Europe as well as concrete pavers
(Semmelrock) in Central and Eastern Europe. In pipe systems (Steinzeug-Keramo
ceramic pipes and Pipelife plastic pipes), the company is one of the leading
suppliers in Europe. With its total of 201 production sites, the Wienerberger
Group generated revenues of EUR 3.5 billion and EBITDA LFL of EUR 587 million in
2019.
Wienerberger AG is a pure free float company, whereby the majority of shares are
held by Austrian and international institutional investors. Additional
information on the shareholder structure is provided under https://
wienerberger.com/en/investors/share
Further inquiry note:
Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG
t +43 664 828 31 83 | claudia.hajdinyak@wienerberger.com
Anna Maria Grausgruber, Head of Investor Relations Wienerberger AG
t +43 1 601 92 - 10221 | investor@wienerberger.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
issuer: Wienerberger AG
Wienerbergerplatz 1
A-1100 Wien
phone: +43 1 60 192-0
FAX: +43 1 60 192-10159
mail: office@wienerberger.com
WWW: www.wienerberger.com
ISIN: AT0000831706
indexes: ATX
stockmarkets: Wien
language: English