KHD Humboldt Wedag International AG

Earnings Release • Aug 12, 2015

News Details

Ad-hoc | 12 August 2015 08:41

KHD Humboldt Wedag International AG: KHD adjusts forecast

KHD Humboldt Wedag International AG / Key word(s): Forecast

12.08.2015 08:41

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KHD adjusts forecast

Cologne, Germany, August 12, 2015 - After updating its annual budget KHD
Humboldt Wedag International AG (KHD), Cologne, is adjusting its forecast
for the 2015 financial year accordingly.

The awarding of several significant projects that were expected in the
order intake for the first half of the 2015 financial year has been
postponed. As a result these projects are now expected as order intake in
the second half of 2015 in the current forecast. Combined with challenges
in the execution of individual large projects this has a substantial impact
on the forecasted figures for revenue, EBIT and operating cash flow. In
accordance with the updated forecast, KHD expects revenue in a range
between EUR 170 million and EUR 190 million. EBIT is expected in a range
between EUR -30 million and EUR -35 million. In addition, cash outflows in
the operational business and lower advance payments received due to delayed
order intake will result in a significantly negative operating cash flow.

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.

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: michael.nielsen@khd.com
Website: www.khd.com

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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: michael.nielsen@khd.com
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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