Results: KHD Annual General Meeting 2012

Cologne, Germany, October 8, 2012 – On Friday October 5th all company proposals were passed at KHD Humboldt Wedag International AG’s (KHD) Annual General Meeting. 79.6% of KHD’s outstanding share capital was represented at the shareholder meeting held at the Marriott Hotel in Cologne, Germany.

Approved resolutions include:

  • KHD will distribute a dividend of € 0.12 per share. This corresponds to a total payout of approximately € 5.94 million.
  • Michael Busch, Seppo Kivimäki and Helmut Meyer were elected to the Supervisory Board.
  • The Company is now authorized to acquire treasury shares equivalent to a maximum of 10% of share capital for a five-year period.

For further details on the 2012 Annual General Meeting and voting results please visit the company website www.khd.com under Investor Relations / Annual General Meeting.

KHD Group

KHD is a global leader for providing equipment and services to cement producers with over 150 years of experience in the cement industry. Process engineering and project management are among the core competencies of the technology-focused group. KHD offers a wide spectrum of products and services for the cement industry and is a leader in environmentally friendly and energy-efficient products for the grinding and pyro processing sections of the plants. The holding company KHD Humboldt Wedag International AG, based in Cologne, Germany, coordinates its internationally operating subsidiaries. The group employs more than 750 employees worldwide, including customer service centers in growing markets like India, Russia and the Asia Pacific region. KHD Humboldt Wedag International AG (ISIN: DE0006578008, WKN: 657800) is listed on the Frankfurt stock exchange (General Standard). More information: www.khd.com.

Contact

KHD Humboldt Wedag International AG
Michael Nielsen
Investor Relations

Tel.: +49 (0)221 – 6504-1500
E-Mail: michael.nielsen@khd.com
Website: www.khd.com

Related topics

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.

Cancellation of the Annual General Meeting

The KHD Humboldt Wedag International AG management board is hereby cancelling the Annual General Meeting, which was scheduled for July 27, 2012.
The company will announce a new meeting date next week.