Wienerberger cuts 2020 earnings outlook due to coronavirus crisis
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(Reuters) - Austrian construction group Wienerberger cut its full-year earnings outlook on Thursday, citing coronavirus-related lockdowns in almost all countries.Europe's largest brickmaker now expects 2020 adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to reach 440 million euros-480 million euros ($475-$519 million), compared with earlier estimate of 625 million euros-645 million euros.The company posted a loss of 106.3 million euros in the three months through..