KHD adjusts forecast
After updating its annual budget, KHD Humboldt Wedag International AG (KHD), Cologne, is adjusting its forecast for the 2016 financial year accordingly.
News and Reports
Ad-hoc Disclosures
Chief Executive Officer (CEO) resigns with immediate effect
Today the Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, informed the KHD Management Board about the resignation of Mr. Johan Cnossen as Chief Executive Officer and member of the Management Board with immediate effect.
Correction of Errors in KHD’s 2014 Consolidated Financial Statements – after external Audit
As informed in the ad hoc announcement dated June 19, 2015, errors were identified in the measurement of individual projects in the 2014 financial year relating to Humboldt Wedag, Inc., the US subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne. In an ad hoc publication dated August 11, 2015, KHD announced a reduction of earnings before interest and taxes (EBIT) amounting to € 13.7 million and an equity reduction in an amount of € 14.9 million based on a preliminary assessment of the error. In accordance with IAS 8, the error correction was done retrospectively while preparing the Half Year Report 2015.
KHD informed of arbitration award
KHD Humboldt Wedag Interational AG (KHD), Cologne, was informed of an award from a Portuguese arbitration court. In this award KHD and its subsidiary Humboldt Wedag, Inc. (HW Inc.), Norcross, Georgia, USA, are jointly ordered to pay damages to a customer in South America.
KHD signs contracts in Russia
ZAB Zementanlagenbau GmbH Dessau (ZAB), Dessau, Germany, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, Germany, has signed contracts totaling over € 100 million for equipment and services for a new cement plant with a production capacity of 4,500 tpd clinker.
News and Reports
Corporate News
New date for KHD Annual General Meeting
Further to today’s postponement notice of the KHD Humboldt Wedag AG Annual General Meeting, the company would like to inform all shareholders that this change in date is not related to a takeover bid or any type operational business issues. The postponement is only due to a sudden technicality related to executing the AGM.
New Chairman of Supervisory Board
Within the context of the proposed reduction of the number of Supervisory Board members and as already published per ad hoc on May 31, 2012, the Chairman and the Deputy Chairperson of the Supervisory Board of KHD Humboldt Wedag International AG have resigned from their offices effective as of May 31, 2012. Today the Supervisory Board elected Heinz Otto Geidt as the new Chairman and Eliza Suk Ching Yuen as Deputy Chairperson.
KHD Humboldt Wedag International AG posts virtually unchanged EBIT margin despite fall in revenue
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%).
KHD Humboldt Wedag International AG releases Q3 2011 figures
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: New Supervisory Board Member
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.
News & Reports
Financial Reports
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News & Reports
Compensation Reports
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News and Reports
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News and Reports
Managers’ Transactions
Since March 31, 2010, no Managers’ Transactions have been published.
News and Reports
Voting Rights Announcements
Since November 25, 2014, no Voting Rights Announcements have been published.