KHD raises Earnings Forecast

Cologne, Germany, November 4, 2024 – KHD Humboldt Wedag International AG (KHD), Cologne, Germany, is raising the KHD Group’s earnings forecast for the 2024 financial year in light of the updated corporate planning and the positive development of the earnings position in the 2024 financial year to date.


In contrast to the outlook published in March and confirmed in August, in which slightly negative values were expected for the operating result (EBIT) and the EBIT margin, KHD now plans to achieve clearly positive values for EBIT and the EBIT margin in the 2024 consolidated financial statements. Taking into account a positive financial result, KHD is thus planning significantly positive earnings before taxes (EBT) and Group net income for the year.

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

Supervisory Board appoints Yizhen “Mario” Zhu as third Management Board member of KHD Humboldt Wedag International AG

The Supervisory Board of KHD Humboldt Wedag International AG (“KHD”) has appointed Yizhen “Mario” Zhu (39) to be the company’s third Management Board member.

KHD Humboldt Wedag International AG: Supervisory Board member appointed

Contrary to the procedure described on page 151 of the securities prospectus of December 29, 2010, new major shareholder Max Glory Industries Limited (“Max Glory”) has not appointed a Supervisory Board member following the capital increase for KHD Humboldt Wedag International AG (“KHD”).