KHD wins order totalling more than EUR 80 m

Cologne, July 15th, 2011 – A member of the KHD group of companies has entered into contracts with an undisclosed cement producer for two new cement production lines. The total value of the contracts are in excess of EUR 80 million and include basic and detailed engineering, equipment supply and advisory supervision services. The execution of these contracts starts immediately.

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

Correction of Errors in KHD’s 2014 Consolidated Financial Statements – after external Audit

As informed in the ad hoc announcement dated June 19, 2015, errors were identified in the measurement of individual projects in the 2014 financial year relating to Humboldt Wedag, Inc., the US subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne. In an ad hoc publication dated August 11, 2015, KHD announced a reduction of earnings before interest and taxes (EBIT) amounting to € 13.7 million and an equity reduction in an amount of € 14.9 million based on a preliminary assessment of the error. In accordance with IAS 8, the error correction was done retrospectively while preparing the Half Year Report 2015.

KHD informed of arbitration award

KHD Humboldt Wedag Interational AG (KHD), Cologne, was informed of an award from a Portuguese arbitration court. In this award KHD and its subsidiary Humboldt Wedag, Inc. (HW Inc.), Norcross, Georgia, USA, are jointly ordered to pay damages to a customer in South America.

KHD signs contracts in Russia

ZAB Zementanlagenbau GmbH Dessau (ZAB), Dessau, Germany, a subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, Germany, has signed contracts totaling over € 100 million for equipment and services for a new cement plant with a production capacity of 4,500 tpd clinker.