Dyckerhoff Sees Earnings Growth in 2013 After Stagnation

Dyckerhoff AG (DYK) (DYK), the German cement maker owned by Buzzi Unicem SpA (BZU), forecast that sales and earnings will rise next year as a return to seasonal weather holds back growth in 2012.

Revenue and profit this year will probably match figures for 2011, when an unusually warm winter enabled the company to make deliveries the entire year, Wiesbaden-based Dyckerhoff said in its annual report published today. Earnings will probably return to “a positive trend” in 2013, it said.

Volume will probably decline in western Europe and parts of eastern Europe in 2012, the company said. Volume will grow in Russia and Ukraine this year, Dyckerhoff said.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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