Dyckerhoff Group sales up 13% in 2011

Dyckerhoff AG’s preliminary Group sales rose by 13% to €1.6 billion in fiscal year 2011, slightly exceeding expectations.

Mild weather conditions in Germany and neighbouring countries contributed to the result, alongside the fact that a strong winter was missing in Ukraine and Russia until mid-December.

Cement and concrete volumes increased 15% and 19%, respectively. Cement prices increased in Poland, Ukraine and Russia, while they decreased in the remaining countries. The sales proportion generated abroad fell by one percentage point to 62%.

Wolfgang Bauer, CEO of Dyckerhoff AG, said: “The results of the Dyckerhoff Group will increase significantly in the 2011 fiscal year compared to the previous year.” He continued: “For the year 2012 we await a stable level of sales and results compared to 2011”.

Read the article online at: https://www.worldcement.com/europe-cis/07022012/dyckerhoff_group_sales_up_13_percent_in_2011/