KHD raises earnings forecast

Cologne, Germany, August 2, 2023 –Against the backdrop of the updated corporate planning and the good earnings development in the first half of 2023, KHD Humboldt Wedag International AG (KHD), Cologne, is raising its earnings forecast for the Group for the 2023 financial year.


In contrast to the outlook published in March, in which slightly negative values were expected for the operating result (EBIT) and the EBIT margin, KHD now plans to report positive values for EBIT and the EBIT margin in the 2023 consolidated financial statements. Taking into account a positive financial result, KHD thus plans to report clearly positive earnings before taxes (EBT) and a consolidated net income for the year.


The half-year financial report as of June 30, 2023 will be published on August 15, 2023.

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
Von-der-Wettern-Str. 4a
51149 Cologne, Germany

Contact

KHD Humboldt Wedag International AG
Jürgen Luckas
Chief Financial Officer

Tel.: +49 (0)221 – 6504-1107
E-Mail: juergen.luckas@khd.com
Website: www.khd.com

Related topics

KHD receives Letter of Confirmaton

On July 7, 2022, Humboldt Wedag India Private Limited (HW India), New Delhi, India, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, received a Letter of Confirmation from the customer UltraTech Cement Limited.

KHD receives letter of award

Humboldt Wedag India Private Limited (HW India), New Delhi, India, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, received a Letter of Award from the customer UltraTech Cement Limited. The Letter of Award relates to three new kiln lines, one new raw meal grinding plant with two KHD roller presses, and the upgrade of five existing clinker grinding plants with KHD roller presses.

Change of KHD’s Chairman of the Management Board

Today the Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, informed KHD’s Management Board that Mr. Yizhen Zhu will resign from his office as CEO and member of the Management Board for personal reasons with effect as of September 30, 2020.