In Western Europe, turnover improved by 3.8% to €730m, of which Germany accounted for some 73%, with cement prices edging ahead by 1% in Luxembourg, but declining by 3% in Germany. Ready-mixed concrete prices were stable in The Netherlands, but came down by some 5% in Germany. Volumes are currently expected to improve in all three countries where Dyckerhoff operates during 2011.
The East European turnover was ahead by 4.9% to €493m, with cement prices falling by 7% in Poland, by 10% in the Czech Republic and in the Ukraine and by 18% in Russia. Ready-mixed concrete prices declined by 4% in the Czech Republic, by 5% in the Ukraine, by 10% in Poland and by 12% in Slovakia. Expect for the Czech Republic, volumes and prices are expected to improve in 2011.
In the United States turnover was down by 2.5% to €192m and cement prices came down by around 7%. Volumes and prices are still expected by the company to show a further decline in 2011.