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KHD Humboldt Wedag International AG posts virtually unchanged EBIT margin despite fall in revenue

  • Global economic crisis is felt
  • Revenue down but EBIT margin remains satisfactory at 7.5%
  • Constructive cooperation with AVIC leads to first projects
  • Order intake expected to increase in 2012, but revenue and EBIT likely to fall

Cologne, Germany – March 30, 2012: KHD Humboldt Wedag International AG (KHD), one of the world’s leading suppliers of equipment and services for the cement industry, published its 2011 Group Annual Report today. Group revenue fell from € 286.9 million to € 234.6 million, largely as a result of delayed projects. Nevertheless, KHD succeeded in maintaining a virtually unchanged EBIT margin of 7.5% (previous year: 8.7%). The Management Board expects that operating conditions will remain difficult in the markets relevant for KHD in 2012. Nevertheless, it forecasts a rise in order intake. However, the Company does not expect to match its 2011 EBIT margin and revenue in the current financial year.

KHD-Corporate-News-Full-Year-Report-2011 engl final KHD-Corporate-News-Full-Year-Report-2011_engl_final.pdf (159.6 kB)

KHD Humboldt Wedag International AG releases Q3 2011 figures

  • Much stronger order intake in Q3 of € 127.8 million
  • YTD order intake of € 215.2 million
  • Order backlog at € 353.0 million
  • EBIT of € 15.7 million after nine months
  • Consolidated net income of € 13.8 million as of September 30, 2011
  • Revised revenue guidance for 2011

Cologne, November 11, 2011 – KHD Humboldt Wedag International AG ("KHD"), one of the
world's leading providers of equipment and services for the cement industry released its third
quarter 2011 interim results today.

E-KHD-CN Q3-figures 111111 e-KHD-CN_Q3-figures_111111.pdf (26.4 kB)

KHD Humboldt Wedag International AG: New Supervisory Board Member

Cologne, October 25, 2011 – On October 19, 2011 the District Court of Cologne, Germany, has authorized the appointment of Mr. Heinz Otto Geidt to the KHD Humboldt Wedag International AG (KHD) Supervisory Board with validity until the company’s next annual general meeting. Mr. Geidt is head of Investment Management for the Software AG Foundation as well as a member of the Software AG Supervisory Board. Effective as of September 30, 2011 Mr. Gerhard Rolf has resigned his seat on the KHD Supervisory Board for personal reasons. Both the Supervisory and the Executive Board thank Mr. Rolf for his support and dedication.

E-KHD CN New Supervisory Board Member 111025 e-KHD_CN_New_Supervisory_Board_Member_111025.pdf (19.6 kB)

KHD wins order for 5,000 t/d kiln line in Brazil

Cologne, August 29, 2011 - Humboldt Wedag Inc., a subsidiary of KHD Humboldt Wedag International AG (KHD) has received an order from Cimentos Liz S.A. in Brazil for the equipment supply, engineering and site advisory and commissioning services, for a new 5,000 t/d production line. The contract is split into two phases. The first 90 day engineering phase is already in force. During this period the customer has an option to withdraw from the contract. If this option is not exercised the contract, when fully in force, will have a total value for KHD of over USD 120 million, otherwise KHD will be paid for all services rendered during phase one. With the completion of this project which is located in Lagoa Santa-Vespasiano, Brazil, the plant will be the largest single cement plant in Brazil and one of the largest in South America.

E CN KHD wins order in Brasil e_CN_KHD_wins_order_in_Brasil.pdf (26.8 kB)

KHD Humboldt Wedag International AG: Publishes 2011 Half Year Report

Cologne – August 12, 2011. KHD Humboldt Wedag International AG ("KHD"), one of the world's leading providers of equipment and services for the cement industry, publishes its 2011 half year report today. After winning several new jobs KHD was able to gain strength in the second quarter and booked an order intake of € 51.4 million after a slow start in Q1 with € 36 million. As the revenue cycle for large industrial projects is 12 – 36 months the revenue line in H1 2011 felt the dip from the orders taken in during 2009 economic crisis. Thus, group revenue fell from € 135.4 million in H1 2010 to € 106.6 million in H1 2011. Nevertheless, KHD continues to show a strong order backlog of € 284.4 million as per June 30, 2011. The group notes EBIT of € 7.2 million as of June 30, 2011, which corresponds to a 6.8% margin. Despite the lower revenues the group was able to improve net income by an additional € 1.3 million bringing it up to € 6.4 million for H1 2011.

E-KHD CN Half-Year-Figures-2011 110812 e-KHD_CN_Half-Year-Figures-2011_110812.pdf (25.3 kB)

KHD Humboldt Wedag International AG: Withdrawal of item number 6 from the agenda for annual general meeting on June 16, 2011

Cologne, May 06, 2011– Both the Directors and the Supervisory Board of KHD Humboldt Wedag International AG decided to withdraw item number 6 from the agenda for the Annual General Meeting of Shareholders (“AGM”) on June 16, 2011 (“Agenda”), in Cologne, Germany.

Further details and information about the participation conditions as well as the Agenda for the AGM are available on the company's website at

http://www.khd.com/annual-general-meeting-2011-of-khd-humboldt-wedag-international-ag.html

KHD CN Agenda AGM 110506 EN KHD_CN_Agenda_AGM_110506_EN.pdf (20.1 kB)

Annual General Meeting of Shareholders to be held on June 16, 2011

Cologne, April 20, 2011 – KHD Humboldt Wedag International AG ("KHD"), one of the world's leading providers of equipment and services for the cement industry, will hold its Annual General Meeting of Shareholders on June 16, 2011, in Cologne, Germany.

Further details and information about the participation conditions and the agenda for the Annual General Meeting of Shareholders are available at

Annual General Meeting 2011 of KHD Humboldt Wedag International AG

KHD AGM 110420 KHD_AGM_110420.pdf (19.7 kB)

KHD Humboldt Wedag International AG publishes 2010 business results

Cologne – March 31, 2011: KHD Humboldt Wedag International AG ("KHD"), one of the world's leading providers of equipment and services for the cement industry, publishes its 2010 annual report today. Although Group revenue fell from € 360 million in the previous year to € 287 million due to the lower order intake during the 2009 economic crisis, KHD nevertheless booked a significant increase in new orders in 2010. Order Intake was up to € 308 million on the basis of pro forma figures (previous year: € 123 million). On December 31, 2010 order backlog was at a solid € 304 million. 

  • Strong order intake in 2010
  • Strategic partnerships provide new growth opportunities
  • Management Board expects 2011 new orders and revenue approximately at previous year's level 

 

 

E-KHD CN Financial Figures 2010 110331 e-KHD_CN_Financial Figures 2010_110331.pdf (28.2 kB)

KHD Humboldt Wedag International AG: Partnership with CATIC Beijing of China creates new growth opportunities

Köln – February 21, 2011: KHD Humboldt Wedag International AG („KHD“), one of the leading suppliers of industrial plants and services for the global cement industry has successfully completed its planned capital increase.

E-KHD CN CATIC-cooperation 110221 e-KHD_CN_CATIC-cooperation_110221.pdf (27.5 kB)