KHD Humboldt Wedag International AG (KHD),one of the world’s leading providers of equipment and services for the cementindustry, closed the 2012 financial year with a strong increase in order intake andorder backlog and has thus established a good starting position for future growth.Although Group revenue (€ 213.5 million) and EBIT margin (3.0%) fell short of theprevious year’s figures, both came in within announced targets.

The Italcementi Group (ITC) recently awarded KHD a contract to upgrade and redevelop its historic Brescia Rezzato plant. The upgraded plant, situated the in environmentally sensitive Lake Garda region, will have to adhere to very strict emissions, noise and other environmental requirements, while simultaneously ensuring highest levels of availability and low investment costs.

On Friday October 5th all company proposals were passed at KHD Humboldt Wedag International AG’s (KHD) Annual General Meeting. 79.6% of KHD’s outstanding share capital was represented at the shareholder meeting held at the Marriott Hotel in Cologne, Germany.

Although tough market conditions continued to hamper KHD Humboldt Wedag International AG’s (KHD) revenue and EBIT growth, the company was successful in winning new orders with its strategic partners during the first six months of 2012, and, thus, laying the foundation for future growth.