Dyckerhoff Cement reports 2014 net loss and considers new approaches

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Ukraine: Dyckerhoff Cement Ukraine has reported a net loss of Euro8136 for 2014, a net revenue of Euro398,695. Compared to 2013, its net loss fell 7.2-fold and its revenue fell 6.6-fold.

Dyckerhoff Cement Ukraine plans to acquire the Volyn Cement plant in Rivne and the YUGcement plant in Mykolaiv. The plants are already part of Dyckerhoff and would be turned into separate divisions in order to increase sales in Ukraine. The planned production capacity of Volyn Cement is 2Mt/yr, while YUGcement produces 1.25Mt/yr of cement.

Dyckerhoff Cement Ukraine's shareholders will also consider the early termination of powers of the current supervisory board and the election of a new one.

Last modified on 17 June 2015

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