KHD posts EBIT margin of 7.5% in 2011 despite fall in revenue – modest expectations for 2012

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, generated Group revenue of € 234.6 million in the 2011 financial year. The 18.2% year-on-year reduction is primarily attributable to delayed projects. However, KHD succeeded in maintaining a largely unchanged EBIT margin of 7.5% (previous year: 8.7%). This was mainly due to the completion of a large high-margin order and a one-time effect related to the takeover of a Russian subsidiary. The Group net profit dropped from € 15.8 million to € 13.5 million, which corresponds to earnings per share of € 0.28 (previous year: € 0.47). The Company does not intend to pay a dividend for 2011.

The order intake fell to € 224.7 million (previous year: € 268.9 million) due to difficult market conditions. KHD anticipates that incoming orders will increase in the current financial year (2012), due in part to its improved position in the EPC market. By contrast, both revenue and the EBIT margin are expected to decrease as further delays are forecasted in executing current projects.

KHD will publish its Group Annual Report and a detailed description of the Company’s performance in the 2011 financial year later today.

KHD Group

KHD is a global leader for providing equipment and services to cement producers with over 150 years of experience in the cement industry. Process engineering and project management are among the core competencies of the technology-focused group. KHD offers a wide spectrum of products and services for the cement industry and is a leader in environmentally friendly and energy-efficient products for the grinding and pyroprocessing sections of the plants. The holding company KHD Humboldt Wedag International AG, based in Cologne, Germany, coordinates its internationally operating subsidiaries. The group employs more than 750 employees worldwide with customer service centers in growing markets like India, Russia and the Asia Pacific region. Other major customer service centers include ”Americas” covering both North and South America and EMEA (Europe, Middle East and Africa), based in Cologne. KHD Humboldt Wedag International AG (ISIN: DE0006578008, WKN: 657800) is listed on the Frankfurt stock exchange (General Standard).
More information: www.khd.com.

Additional Information:

ISIN: DE0006578008
Securities identification number (WKN): 657800
Market segment: Regulated Market (General Standard) of the Frankfurt Stock Exchange

KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Cologne, Germany

Contact:

KHD Humboldt Wedag International AG
Elisabeth Prigge
Investor Relations
Tel.: +49 (0)221 – 6504-1500
Fax: +49 (0)221 – 6504-1409
E-Mail: elisabeth.prigge@khd.com
Website: www.khd.com

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