Dyckerhoff cement volumes fall by 23.8% in 2009

Dyckerhoff cement volumes fall by 23.8% in 2009
Published: 09 February 2010

Dyckerhoff produced a turnover 30.9% lower at €1,369m last year, with the sharpest reductions being seen in The Ukraine and in Russia, where the reduction exceeded 60%.  Capital expenditure in 2009 was reduced by 21.2% to €271m, as investment projects in Germany, the Ukraine and Russia were postponed.  Group cement deliveries were 23.8% lower at 13.20m tonnes, while ready-mixed concrete deliveries dropped by 25.3% to 6.14m m³ and the aggregates volume declined by 18.0% to 5.34m tonnes.

German turnover declined by 11.3% to €528m, as cement shipments were off by 13.3% to just under 4.8m tonnes.  Prices rose by around 7% in cement and by 9% in ready-mixed concrete.  Looking forward to 2010, Dyckerhoff expects to sell more cement and to maintain its volumes in ready-mixed concrete.    In Luxembourg turnover declined by 6.7% to €83m as cement deliveries merged 8.3% lower at a little over 0.9m tonnes, while the Dutch turnover fell by 15.0% to €113m.

Polish cement deliveries emerged 10.1% lower and the turnover down by 34.2% to €121m, but prospects for the current year and considerably better and look the best for any of Dyckerhoff’s markets for 2010.  In the Czech Republic and Slovakia, the turnover declined by 32.6% to €176m and the cement volume was down by 23.9%.