Dyckerhoff Group sales on previous year's level in the first half of 2012
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:
(million of euro) | Jan - Jun 2012 | Jan - Jun 2011 | Change 12/11 | |||||||||
| Group sales | 753 | 750 | 3 | |||||||||
| thereof division Germany/Western Europe | 373 | 11 | - 38 | |||||||||
| thereof division Eastern Europe | 281 | 262 | 19 | |||||||||
| thereof division USA | 100 | 78 | 22 | |||||||||
| thereof intercompany | - 1 | - 1 | - | |||||||||
| EBITDA | 115 | 120 | - 5 | |||||||||
| EBIT | 48 | 49 | - 1 | |||||||||
| Result before income taxes | 22 | 25 | - 3 | |||||||||
| Net profit | 20 | 19 | 1 |
In the first half of 2012 Dyckerhoff’s cement volumes remained on previous year’s level. The recovery in Ukraine, Russia and USA counterbalanced the declines in the other regions. Concrete as well as sand and gravel volumes continued to lie below the previous year. Group sales remained constant. Sales increases in the Eastern Europe and USA divisions counterbalanced the decrease in the Germany / Western Europe division.
Group EBITDA declined by EUR 5 million. Thereof, one-time effects totaled EUR 5 million as in the previous year. Depreciation and amortization decreased by EUR 4 million, therefore, EBIT dropped by EUR 1 million. The result before income taxes fell by EUR 3 million. In consideration of income taxes, this added up to a result of EUR 20 million.
For fiscal year 2012, Dyckerhoff continues to expect the level of Group sales and results to remain stable compared to 2011.
The complete Interim Report will be released on August 2, 2012 at noon.
Company contacts:
Investor Relations Assistant
Mariangiola Fiore
Phone +39 0142 416 404
Email mfiore@buzziunicem.it