Dyckerhoff: declines in sales in all markets
The long winter has resulted for Dyckerhoff in lower unit sales for Europe and the U.S. to. Accordingly, Group sales decreased in all business units and fell by 22% (€ 202 million) in the first quarter of 2010. Consolidated EBITDA decreased by € 16 million to minus € 10 million. At around € 2 million higher depreciation, EBIT decreased by € 18 million to -39 million €. Profit before tax fell by 16 million to € -51 million. For the full year 2010 Dyckerhoff expects a group turnover of around € 1.4 billion, which is thus at the level of the previous year. In fiscal year 2009 were included in recurring EBITDA of around € 20 million, so one expects for 2010 a decline in EBITDA. Also at EBT and the net income the company expects significant losses.
Source: Baustoffmarkt online
