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.
KHD Humboldt Wedag International AG (KHD), one of the leading suppliers of plant and services for the cement industry, has announced today that previously projected revenues (August 2011) of € 270 million for the 2011 financial year will not be reached. Uncertainty in some markets, in particular India, has led to lower cement demand and thus customer postponements in project execution. Nevertheless KHD retains its EBIT guidance of € 16 – € 19 million for the current financial year. KHD will publish Q3 2011 financial results on November 11, 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.
Manfred Weinandy, CFO of KHD Humboldt Wedag International AG has decided to leave the company for personal reasons. The supervisory board has agreed to accept the resignation of Mr Weinandy from office with effect as of today as well as to the mutual cancellation of his service agreement.
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.
Humboldt Wedag Inc., a subsidiary of KHD Humboldt Wedag International AG (KHD) has entered today into a contract with 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.
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.
A member of the KHD group of companies has entered into contracts with an undisclosed cement producer for two new cement production lines.
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.
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.