Dyckerhoff discloses nine-month figures
We report hereunder the ad-hoc-release issued today by the subsidiary Dyckerhoff AG, according to Article 15 Securities Trading Act (WpHG).
Key figures of the Dyckerhoff Group
(in million of euro) | Jan - Sep 2009 | Jan - Sep 2008 | Change 09/08 | |||||||||
| Group sales | 1,059 | 1,548 | - 489 | |||||||||
| thereof division Germany/Western Europe | 534 | 621 | - 87 | |||||||||
| thereof division Eastern Europe | 368 | 736 | - 368 | |||||||||
| thereof division USA | 158 | 191 | - 33 | |||||||||
| thereof intercompany sales | - 1 | 0 | - 1 | |||||||||
| EBITDA | 241 | 466 | - 225 | |||||||||
| EBIT (operating result) | 155 | 366 | - 211 | |||||||||
| Result before income taxes | 128 | 346 | - 218 | |||||||||
| Net profit | 96 | 251 | - 155 |
In the first nine months 2009 Group sales went down by 32 % to almost EUR 1.1 billion. Because of the global economic crisis volumes declined in all regions; Russia and Ukraine were hit particularly hard. Accordingly, Group sales decreased in all divisions.
Group EBITDA declined by 48 % and amounted to EUR 241 million, including positive one-time effects of EUR 24 million in all. Depreciation and amortization decreased by EUR 14 million and net interest and other financial results decreased by EUR 7 million. The result before income taxes declined by EUR 218 million to EUR 128 million. Accordingly, the nine-month net profit went down to EUR 96 million.
For 2009 as a whole, Dyckerhoff expects Group sales to drop as low as EUR 1.4 billion, due to the difficult economic situation particularly in Russia, Ukraine and the USA. The EBITDA margin will be slightly over 20 % and return on sales slightly over 7 %.
The complete interim report will be released on November 9, 2009 at noon.
Company contacts:
Investor Relations Assistant
Mariangiola Fiore
Phone +39 0142 416 404
Email mfiore@buzziunicem.it