Dyckerhoff reports considerable volume increases

Dyckerhoff reports considerable volume increases
Published: 04 May 2011

The economic upturn and the mild winter led Dyckerhoff to considerable volume increases as group sales increased by 48%, all divisions contributed to the increase, the company said in a statement.

Group EBITDA grew by EUR32m to EUR 22m, mainly due to the considerable volume increases, whereas price declines for its products and higher costs partly offset the positive development.

Depreciation and amortisation rose by EUR7m and EBIT increased by EUR 25m. While net investment income increased EUR1m and other financial results by EUR2m, net interest decreased by EUR1m. The result before income taxes increased accordingly by EUR 27m.

For fiscal year 201,  Dyckerhoff expects group sales to be approximately EUR1.5bn. Based on the assumption that price increases are accepted by the market, Dyckerhoff expects to significantly increase EBITDA. The EBITDA margin will increase to around 17%, the company forecast.