Dyckerhoff Group sales 2011 at EUR 1.6 billion exceeds expectations slightly; same level expected for 2012
Dyckerhoff AG preliminary Group sales rose by 13% to EUR 1.6 billion in fiscal year 2011, and, therefore, slightly exceeded expectations. In particular, the mild weather conditions in Germany and the neighbouring countries contributed to it. Contrary to the previous year, also in Ukraine and in Russia the strong winter was missing until mid December. Cement and concrete volumes increased by a total of 15% and 19%, respectively. Cement prices increased in Poland, in Ukraine and in Russia, while they decreased in the remaining countries. The sales proportion generated abroad fell by one percentage point to 62%.
The results of the Dyckerhoff Group will increase significantly in the 2011 fiscal year compared to the previous year, says Wolfgang Bauer, CEO of Dyckerhoff AG. For the year 2012 we await a stable level of sales and results compared to 2011, Wolfgang Bauer adds.