Dyckerhoff group sales significantly increased in the first half of 2011
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 millions euro) | Jan - Jun 2011 | Jan - Jun 2010 | Change absolute | |||||||||
| Group sales | 750 | 621 | 129 | |||||||||
| thereof division Germany/Western Europe | 411 | 329 | 82 | |||||||||
| thereof division Eastern Europe | 262 | 208 | 54 | |||||||||
| thereof division United States of America | 78 | 85 | - 7 | |||||||||
| thereof intercompany sales | - 1 | -1 | - | |||||||||
| EBITDA | 120 | 82 | 38 | |||||||||
| EBIT (operating result) | 49 | 23 | 26 | |||||||||
| Result before income taxes | 25 | 1 | 24 | |||||||||
| Net profit | 19 | 1 | 18 |
The positive volume trend of the first quarter continued. Group sales increased by 21%.
Group EBITDA improved by 46%. Depreciation and amortization increased, and EBIT grew by EUR 24 million. In consideration of income taxes, this added up to a result after income taxes of EUR 19 million.
For fiscal year 2011 Dyckerhoff expects group sales at about EUR 1.5 billion. Based on the assumption that price increases are accepted by the market, Dyckerhoff expects to significantly increase EBITDA. The EBITDA margin will improve to approximately 17%.
The complete Interim Report will be released on August 1, 2011 at noon.
Company contacts:
Investor Relations Assistant
Mariangiola Fiore
Phone +39 0142 416 404
Email mfiore@buzziunicem.it