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

KHD Humboldt Wedag International AG: Strategic Partnership with China-based CATIC

KHD Humboldt Wedag International AG (‘KHD’), one of the world’s major suppliers of cement manufacturing equipment, has concluded a strategic partnership with Beijing (Peoples Republic of China) based CATIC Beijing Co., Ltd. (‘CATIC’), a subsidiary of China’s state-owned AVIC International Holding Corporation.

KHD wins two major orders totalling 85.0m EUR

KHD Group, one of the world’s major suppliers of cement manufacturing equipment, has won a major order from India based UltraTech Cement, the largest cement producer in India and member of the Aditya Birla group.