Stock Markets March 25, 2026

Wienerberger posts €4.6bn in 2025 revenue as roofing and piping offset weak construction demand

Full-year gain from Terreal and an expanded solar offering bolster roofing; piping maintains margins amid sluggish new builds

By Ajmal Hussain
Wienerberger posts €4.6bn in 2025 revenue as roofing and piping offset weak construction demand

Wienerberger, the Austria-based building materials group, reported €4.6 billion in revenue for 2025 and a net profit of €168 million. Growth was led by the roofing business - supported by the full-year contribution from the Terreal acquisition and expansion into solar solutions - while piping solutions delivered strong results and preserved margins despite weak new construction activity. Renovation demand in France and Germany has become more important, and the company sees long-term prospects in infrastructure modernization and building renovation.

Key Points

  • Wienerberger reported €4.6 billion in revenue for 2025 and a net profit of €168 million.
  • Roofing was the primary growth driver, supported by the full-year contribution from the Terreal acquisition and an expansion into solar solutions.
  • Piping solutions performed well and kept strong margins despite weak new construction activity; renovation demand in France and Germany gained importance.

Wienerberger recorded €4.6 billion in revenue for 2025, with the roofing and piping solutions segments driving the top-line increase even as new construction activity remained subdued. The company reported a net profit of €168 million for the year, reflecting disciplined financial management and ongoing cost control measures.

The roofing division emerged as a central growth engine during the period. Management highlighted the first full-year impact of the Terreal acquisition and the business's expansion into solar solutions as key contributors to the roofing segment's performance. Those factors combined to lift the division's contribution to overall revenue against a backdrop of weak overall construction markets.

Piping solutions also produced resilient results. Despite a lackluster new construction environment, the segment delivered solid revenue performance and maintained robust margins. The company emphasized that piping margins stayed strong even though activity in new building projects was limited during the reporting period.

Renovation activity in France and Germany took on greater significance for Wienerberger in 2025. The company noted that renovation markets in those two countries gained importance during the period, which management said confirms structural growth potential in that segment of demand.

Looking ahead, Wienerberger pointed to longer-term opportunities in two areas explicitly cited by the company: infrastructure modernization and building renovation. Those areas are identified as future growth avenues without additional quantification in the company's statement.

The 2025 results show a company that was able to expand revenue and preserve profitability while operating in an environment characterized by weak construction markets. Roofing - aided by an acquisition and product expansion - and piping - which sustained margins despite subdued new builds - were the primary contributors to the year's financial outcome.


Key context and takeaways

  • Revenue reached €4.6 billion for 2025, with net profit of €168 million.
  • Roofing growth was supported by the full-year effect of the Terreal acquisition and expansion into solar solutions.
  • Piping solutions delivered strong results and maintained robust margins despite weak new construction activity.

Sectors impacted

  • Construction and building materials - demand trends in new construction and renovation affect sales.
  • Renovation markets - increased importance in France and Germany.
  • Infrastructure modernization - cited by the company as a long-term opportunity.

Risks

  • Weak new construction activity poses continued pressure on segments tied to building starts - this affects construction and building materials sectors.
  • Growing reliance on renovation markets in specific geographies (France and Germany) introduces concentration risk if those markets slow - impacting renovation and construction suppliers.
  • The company’s future revenue expectations hinge on long-term opportunities in infrastructure modernization and building renovation, which are cited but not quantified, creating uncertainty about scale and timing of benefits.

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