VIENNA Feb 22 Austrian brickmaker Wienerberger
reported a slightly bigger than expected 9 percent
increase in its 2016 core profit, helped by accelerating demand
in residential construction in Europe and the U.S.
Adjusted earnings before interest, tax, depreciation and
amortisation (EBITDA) came in at 404 million euros ($425
million), the group said on Wednesday. Analysts polled by
Reuters had expected adjusted full-year EBITDA of 395 million
Wienerberger said it plans to increase its dividend payment
by 35 percent to 0.27 euros per share for 2016.
($1 = 0.9498 euros)
(Reporting by Kirsti Knolle; editing by Francois Murphy)