Germany: Dyckerhoff Group's sales fell by 11% year-on-year to Euro256m in the first quarter of 2013, from Euro289m in the same period in 2012. The group attributed the fall to harsh weather conditions. Exceptions to the decline were reported in Russia and the US where sales rose and remained stable respectively.
Group loss before interest, taxes, depreciation and amortisation (EBITDA) decreased to Euro9m in the first quarter of 2013 from Euro0m in the same quarter in 2012.
"For 2013 as a whole, we continue expecting group sales and EBITDA at a similar level to 2012", commented Wolfgang Bauer, CEO of Dyckerhoff AG. He based his prediction on the assumption that the weather-related volume decreases of the first quarter could be caught up.
