Dyckerhoff AG / Half Year Results
02.08.2010 08:47
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Wiesbaden, August 2, 2010
Dyckerhoff Group sales below previous year in the first half of 2010
Key figures of the Dyckerhoff Group:
(in million EUR)
Jan. - Jun. Jan. - Jun. Change
2010 2009 absolute
Group sales 621 652 -31
thereof division
Germany / Western Europe 329 333 - 4
thereof division
Eastern Europe 208 219 -11
thereof division
USA 85 101 -16
thereof intercompany sales - 1 - 1 -
EBITDA 82 136 -54
EBIT (operating result) 23 80 -57
Result before income taxes 1 59 -58
Net profit 1 45 -44
Dyckerhoff could not totally make up for the volume declines of the first
quarter. In addition, prices declined for the most part. As a result, Group
sales fell by just under 5 % in the first half of 2010.
Group EBITDA decreased by EUR 54 million to EUR 82 million, which was
attributable to a reduction in volumes and prices on the one hand. On the
other hand, the previous half-year included positive one-time effects of
EUR 26 million. Depreciation and amortization rose by EUR 3 million and
EBIT dropped by EUR 57 million. Interest expense increased by EUR 3
million, essentially due to the borrower's note loan taken up in 2009.
Interest income declined by EUR 2 million. Net investment income increased
by EUR 4 million. Result before income taxes declined by EUR 58 million.
This resulted in a net profit totaling EUR 1 million.
For fiscal year 2010 Dyckerhoff continues to anticipate sales of the
Dyckerhoff Group to remain at approximately EUR 1.4 billion, which
corresponds to the previous year's level. With an EBITDA margin at just
under 18 %, Dyckerhoff anticipates a marked decline in EBT and Group net
profit.
The complete interim report will be released on August 2, 2010 at noon.
02.08.2010 08:47 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: Dyckerhoff AG
Biebricher Str. 69
65203 Wiesbaden
Deutschland
Phone: +49 (0)611 676-0
Fax: +49 (0)611 676-1040
E-mail: investor.relations@dyckerhoff.com
Internet: dyckerhoff.com
ISIN: DE0005591036, DE0005591002
WKN: 559103, 559100
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, München, Hannover, Stuttgart, Hamburg
End of News DGAP News-Service
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DGAP-Adhoc: Dyckerhoff AG: Dyckerhoff Group sales below previous year in the first half of 2010
| Quelle: EQS Group AG