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Wienerberger AG: Wienerberger awarded Prime Status by oekom research
Vienna
(pta008/08.07.2013/11:40 UTC+2)
oekom research AG recognizes Wienerberger's sustainability performance with Prime Status rating
- Prime Status qualifies securities as a social and ecological investment
- Prime Status opens access to a larger group of investors
Wienerberger AG has moved up one level in the oekom research AG ranking to C+ and is now classified as a prime investment. This qualifies the company's securities as a social and ecological investment - a status that could bring Wienerberger new investors. The number of institutional investors who not only look for sound returns, but also want to invest in sustainable companies is growing steadily. In order to also judge an investment from a social and ecological standpoint, these investors rely on so-called sustainability ratings. oekom research AG is one of the leading and best known agencies in this area. Its customers include well-known international investors and asset managers who are responsible for approx. 520 billion Euro of assets.
Prime Status gives Wienerberger access to a broader, steadily growing group of investors who look for sustainable investments
At Wienerberger, sustainability represents an integral part of the corporate culture and strategy. This is also reflected in the sustainability goals that have been defined for all areas of the company. Wienerberger reported on its progress and achievements in this area during 2012 in a recently issued sustainability report. The report subsequently formed the basis for an update by oekom research, which led to an improvement in the rating and classification as a prime investment. Heimo Scheuch, Chief Executive Officer of Wienerberger AG, commented: "This upgrade by an independent agency not only confirms our efforts in the area of sustainability, but also gives us access to a broader and steadily growing group of investors. I look forward to this development with great interest and expect new impulses for Wienerberger."
Wienerberger Group
Wienerberger is the world's largest producer of bricks (Porotherm, Terca) as well as number one on the clay roof tile market (Koramic, Tondach) in Europe and the concrete paver market (Semmelrock) in Central-East Europe. In pipe systems (Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one of the market leaders in Europe. Wienerberger generated revenues of 2,356 million Euro and operating EBITDA of 246 million Euro in 2012 with 221 plants. In May 2012 Wienerberger completed the full takeover of Pipelife and set an important milestone in the expansion of its core business.
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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 http://www.wienerberger.com/investor-relations/the-wienerberger-share/the-wienerberger-share/shareholder-structure
For additional information contact:
Barbara Braunöck, Head of Corporate Communications
T +43 1 601 92 - 10221 | communication@wienerberger.com
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Emitter: |
Wienerberger AG Wienerbergstraße 11 1100 Wien Austria |
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Contact Person: | Barbara Braunöck | |
Phone: | +43-1-60-192-10221 | |
E-Mail: | communication@wienerberger.com | |
Website: | www.wienerberger.com | |
ISIN(s): | AT0000831706 (Share) | |
Stock Exchange(s): | Vienna Stock Exchange (Official Trade) |