03.05.2016
KHD Humboldt Wedag International AG DE0006578008
DGAP-Adhoc: KHD Humboldt Wedag International AG: KHD adjusts forecast
KHD Humboldt Wedag International AG / Key word(s): Forecast
03.05.2016 11:48
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.
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KHD adjusts forecast
Cologne, Germany, May 3, 2016 - After updating its annual budget, KHD
Humboldt Wedag International AG (KHD), Cologne, is adjusting its forecast
for the 2016 financial year accordingly.
The awarding of several significant projects, which were expected to be
order intake in the first months of the 2016 financial year, has been
postponed. As a result, these projects are now planned as order intake in
the second half of 2016 in the updated forecast. Combined with challenges
in the execution of individual large projects this has a substantial impact
on the forecasted figures for revenue and EBIT. In accordance with the
updated forecast, KHD expects revenues of approximately 10% below the
previous year's figure for the 2016 financial year. EBIT is expected to be
significantly lower than in the previous year.
KHD Group
KHD is a global leader for providing equipment and services to cement
producers with 160 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 approx. 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.
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
End of Ad-hoc Announcement
Contact:
KHD Humboldt Wedag International AG
Michael Nielsen
Investor Relations
Tel.: +49 (0)221 - 6504-1500
E-Mail: [email protected]
Website: www.khd.com
03.05.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Köln
Germany
Phone: +49 (0)221 6504 1500
Fax: +49 (0)221 6504 1409
E-mail: [email protected]
Internet: www.khd.com
ISIN: DE0006578008
WKN: 657800
Listed: Regulated Market in Frankfurt (General Standard); Regulated
Unofficial Market in Berlin
End of Announcement DGAP News-Service
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