Annual General Meeting 2013 – KHD Humboldt Wedag International AG

  • Dividend of EUR 0.09 per share
  • Discharge for Management Board and Supervisory Board

Cologne, June 25th 2013 – Yesterday at KHD Humboldt Wedag International AG’s annual general meeting, shareholders and management intensely discussed the operational business and future direction of the general standard listed company. Many private and institutional investors attended the meeting and were particularly interested in the Company’s future strategy as well as how the Company plans to communicate with the capital markets. 53.26% of the issued share capital was represented at the meeting.

The participants voted in favor of a counter proposal from several larger shareholders on the utilization of KHD’s net retained profits of EUR 4.76 million. A dividend of EUR 0.09 per share will be paid for the previous business year, meaning that EUR 4.45 million will be distributed.

The dividend will be paid on June 26, 2013 and is taxable as follows:

  • EUR 0.0742694 is subject to taxes as per § 20 section 1 no 1 EStG (German income tax code)
  • EUR 0.0157306 not subject to taxes

The remaining amount of net retained profits of EUR 0.31 million will be carried forward. Discharge was granted to the Management Board and Supervisory Board for the 2012 financial year. Deloitte & Touche GmbH Wirtschaftsprüfungsgesellschaft of Düsseldorf was elected as the auditor of the Company and the Group for the financial year 2013.

Management’s presentation on the development of KHD Group as well as the voting results for each item on the agenda can be found on the Company’s below listed website under Investor Relations.

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 pyro processing 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, including customer service centers in growing markets like India, Russia and the Asia Pacific region. KHD Humboldt Wedag International AG (ISIN: DE0006578008, WKN: 657800) is listed on the Frankfurt stock exchange (General Standard). More information: www.khd.com.

Contact

KHD Humboldt Wedag International AG
Michael Nielsen
Investor Relations

Tel.: +49 (0)221 – 6504-1500
E-Mail: michael.nielsen@khd.com
Website: www.khd.com

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New Chairman of KHD Supervisory Board

Today Ms. Eliza Suk Ching Yuen stepped down in her function as Chairperson of the Supervisory Board of KHD Humboldt Wedag International AG, Cologne, with immediate effect. The Supervisory Board elected Mr. Hubert Keusch as new Chairman of the Supervisory Board.

Holcim awards KHD group € 69 million order for 9,000 tpd cement plant in India

KHD Humboldt Wedag International AG subsidiaries, Humboldt Wedag India, Pvt. Ltd. and Humboldt Wedag GmbH (collectively “KHD”) received an order from Holcim Group company ACC Limited, India, for a new 9,000 tpd cement plant. The total project value, of € 69 million, consists of a euro portion of € 19.8 million and an Indian rupee portion equivalent to € 49.2 million. The plant will be built in Jamul, Chhattisgarh, India and is scheduled for commissioning in May 2015.

Project postponements force KHD to revise revenue guidance 2012

Postponements in the execution of certain projects have forced KHD Humboldt Wedag International AG to revise its 2012 revenue guidance. The company expects to achieve 2012 full year revenues between € 210 – € 220 mio.
EBIT margin guidance of 2% – 4% remains unchanged.