Cement News tagged under: dyckerhoff

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Buzzi Unicem to lift stake in Dyckerhoff to 96.6%

27 November 2012, Published under Cement News

German cement producer Dyckerhoff AG said its parent company Buzzi Unicem SpA had agreed to buy additional ordinary and preferred shares in it, raising its total share capital in the firm by 3.6 per cent to 96.6 per cent. Dyckerhoff did not reveal the value of the transaction but specified that during the current year and including the most recent agreement Buzzi Unicem had bought shares in it for some EUR71.7m. As a shareholder of at least 95 per cent of Dyckerhoff, Buzzi Unicem is ent...

Dyckerhoff reports stable nine month volumes

06 November 2012, Published under Cement News

Dyckerhoff reported stable volumes for the first nine months of 2012 as the recovery in Russia and USA almost counterbalanced declines in the other regions. Sales increases in the Eastern Europe and USA divisions also offset decrease in the Germany/Western Europe division. Germany and Western Europe fell seven per cent to EUR588m from EUR633m. Sales in Eastern Europe rose by seven per cent to EUR487m from EUR456m. Sales in the US were up 24 per cent to EUR160m from EUR129m. Group EBITDA ...

Buzzi Unicem boosted by strong Dyckerhoff advance

02 April 2012, Published under Cement News

On a turnover that advanced by 5.2% to €2787.4m, Buzzi Unicem’s underlying EBITDA improved by 6.0% to €422.3m. With the non-recurrence of the exceptional charges seen in 2010, the trading profit (EBIT) jumped from €0.3m to 185.9m. After a net interest charge 3.7% lower at €99.8m a pre-tax profit of €84.3m emerged, an improvement on the previous year’s loss but still well below the €235.2m profit achieved in 2009. Net attributable profit was €26.4m. Net debt at the end of the year was 9.8% lo...

Dyckerhoff may revive Russian cement plans

28 March 2012, Published under Cement News

Dyckerhoff is currently examining options to revive plans for the construction of a cement factory in Akbulak, German newspaper Boersen-Zietung reports. According to the daily, plans for the new plant have been frozen for the past few years. Last year, the company boosted Russian cement deliveries by 33.7 per cent to 2.43Mt and prices by 6.6 per cent. This year, the company expects the overall Russian market to advance by 10.5 per cent as housing and infrastructure continues to drive dema...

Dyckerhoff raises net profit 10-fold

27 March 2012, Published under Cement News

The Buzzi Unicem subsidiary Dyckerhoff, which on a turnover 13.2% higher at €1,599.6m in 2011, increased its EBITDA by 33.1% to €291m while the net attributable profit rose more than 10-fold from €6.4m to €65.6m. The net debt at the end of the year dell by 34.2% to €261.7m to give a gearing level of just 15.1%, compared with 23.8% a year earlier. With the completion of major investments, notably in Russia and in the Ukraine, capital investment was more than halved (-52%) to €86.7m, with the ...

Dyckerhoff sales increase

14 March 2012, Published under Cement News

German-based Dyckerhoff increased sales by EUR186.8m (or 13.2 per cent) to EUR1.6bn compared to 2012. The company said it benefitted considerably from a mild winter which facilitated cement and concrete deliveries through the year. This led to volume increases of 15 and 19 per cent, respectively. Group EBITDA rose by EUR72.4m (33.1 per cent) to EUR291m. This includes positive one-time effects totaling EUR6.3m, mainly from the sale of a former office building in Luxembourg. This compares t...

Dyckerhoff advances in Poland, the Ukraine and Russia

07 February 2012, Published under Cement News

Preliminary figures from the Buzzi Unicem subsidiary Dyckerhoff show a 13.2 per cent increase in turnover to €1600m in 2010. Of this, 38 per cent was generated in Germany, 37 per cent in Eastern Europe and Russia, 14 per cent in the Benelux and 11 per cent in the United States. Group cement deliveries rose by 14.9 per cent to 15.91Mt and the ready-mixed concrete volume advanced by 19.2 per cent to 7.89m m³. Aggregates deliveries, on the other hand, were weighed down by reduced volumes in Th...