KHD Humboldt Wedag International AG publishes 2010 business results
Cologne – March 31, 2011: KHD Humboldt Wedag International AG (“KHD”), one of the world’s leading providers of equipment and services for the cement industry, publishes its 2010 annual report today. Although Group revenue fell from € 360 million in the previous year to € 287 million due to the lower order intake during the 2009 economic crisis, KHD nevertheless booked a significant increase in new orders in 2010. Order Intake was up to € 308 million on the basis of pro forma figures (previous year: € 123 million). On December 31, 2010 order backlog was at a solid € 304 million.
- Strong order intake in 2010
- Strategic partnerships provide new growth opportunities
- Management Board expects 2011 new orders and revenue approximately at previous year’s leve