KHD Humboldt Wedag International AG: Update of revenue guidance for 2011

Cologne, November 3, 2011 – 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.

Additional Information

ISIN: DE0006578008
Securities identification number (WKN): 657800
Market segment: Regulated Market (General Standard) of the Frankfurt Stock Exchange

KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Cologne, Germany

Contact

cometis AG
Stefan Bulfon

Tel.: +49 (0)611 – 205855-65
Fax: +49 (0)611 – 205855-66
E-Mail: bulfon@cometis.de

Related topics

New Chairman of KHD Supervisory Board

Today Ms. Eliza Suk Ching Yuen stepped down in her function as Chairperson of the Supervisory Board of KHD Humboldt Wedag International AG, Cologne, with immediate effect. The Supervisory Board elected Mr. Hubert Keusch as new Chairman of the Supervisory Board.

Holcim awards KHD group € 69 million order for 9,000 tpd cement plant in India

KHD Humboldt Wedag International AG subsidiaries, Humboldt Wedag India, Pvt. Ltd. and Humboldt Wedag GmbH (collectively “KHD”) received an order from Holcim Group company ACC Limited, India, for a new 9,000 tpd cement plant. The total project value, of € 69 million, consists of a euro portion of € 19.8 million and an Indian rupee portion equivalent to € 49.2 million. The plant will be built in Jamul, Chhattisgarh, India and is scheduled for commissioning in May 2015.

Project postponements force KHD to revise revenue guidance 2012

Postponements in the execution of certain projects have forced KHD Humboldt Wedag International AG to revise its 2012 revenue guidance. The company expects to achieve 2012 full year revenues between € 210 – € 220 mio.
EBIT margin guidance of 2% – 4% remains unchanged.