KHD Humboldt Wedag International AG posts virtually unchanged EBIT margin despite fall in revenue

  • Global economic crisis is felt
  • Revenue down but EBIT margin remains satisfactory at 7.5%
  • Constructive cooperation with AVIC leads to first projects
  • Order intake expected to increase in 2012, but revenue and EBIT likely to fall

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, 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%). The Management Board expects that operating conditions will remain difficult in the markets relevant for KHD in 2012. Nevertheless, it forecasts a rise in order intake. However, the Company does not expect to match its 2011 EBIT margin and revenue in the current financial year.

KHD-Corporate-News-Full-Year-Report-2011_engl_final.pdf (159.6 kB)

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
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

Related topics

Change in Management Board – Finance

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.

KHD wins order for 5,000 t/d kiln line in Brazil

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.