Dyckerhoff GmbH
Dyckerhoff AG: Dyckerhoff’s Group sales declined substantially in the first quarter of 2010
Dyckerhoff AG / Quarter Results 05.05.2010 08:44 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. --------------------------------------------------------------------------- Wiesbaden, May 5, 2010 Dyckerhoff's Group sales declined substantially in the first quarter of 2010 Key figures of the Dyckerhoff Group: (in EUR m) Jan. - March Jan. - March Change 2010 2009 absolute Group sales 202 258 -56 thereof division Germany/Western Europe 113 135 -22 thereof division Eastern Europe 60 80 -20 thereof division USA 29 43 -14 EBITDA -10 6 -16 EBIT (operating result) -39 -21 -18 Result before income taxes -51 -35 -16 Net loss -36 -26 -10 The exceptionally cold and long winter in Europe and in the USA led to volume declines. Accordingly, Dyckerhoff Group sales decreased in all divisions, and fell by 22 % in the first quarter of 2010. Group EBITDA decreased by EUR 16 million to EUR -10 million. Depreciation and amortization rose by EUR 2 million and EBIT dropped by EUR 18 million. Net investment income decreased by EUR 1 million. Interest expenses increased by EUR 2 million; this was largely due to the borrower's note loan taken up in 2009. Interest income decreased by EUR 2 million. Other financial results improved by EUR 7 million, mainly attributable to currency effects. The result before income taxes was down by EUR 16 million. In total, this resulted in a net loss of EUR 36 million in the first quarter of 2010. For fiscal year 2010 Dyckerhoff expects Group sales at approximately EUR 1.4 billion, which corresponds to the previous year's level. During the 2009 fiscal year, EBITDA included one-time effects amounting to around EUR 20 million; Dyckerhoff therefore expects EBITDA to drop in 2010. Dyckerhoff also anticipates a marked decline in EBT and net profit for the Group. The complete Interim Report will be released on May 5, 2010 at noon. Kontakt: Birgit Eggersmeier Dyckerhoff AG Biebricher Str. 69 65203 Wiesbaden Tel.: +49 (0)611 - 676 1444 Fax: +49 (0)611 - 676 1447 Email: investor.relations@dyckerhoff.com 05.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- 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 Indices: SDAX 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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