Dyckerhoff group sales significantly increased in the 1H11
The positive volume trend of the 1Q11 for Dyckerhoff AG continued. Group sales increased by 21%. Group EBITDA improved by 46%. Depreciation and amortisation increased, and EBIT grew by €24m. In consideration of income taxes, this added up to a result after income taxes of €19m.
For fiscal year 2011 Dyckerhoff expects group sales at about €1.5bn. Based on the assumption that the market accepts the price increases, Dyckerhoff expects to significantly increase EBITDA. The EBITDA margin will improve to approximately 17%.
The complete Interim Report will be released on 1 August 2011 at noon.
Published under Cement News
