DGAP-News
KHD Humboldt Wedag International AG: KHD posts virtually unchanged EBIT margin despite fall in revenue - Seite 2
led to the first joint contract in Venezuela. The partnership with Weir
Minerals - which aims to ramp up use of roller presses in the mining
industry - also gathered pace in 2011.
The proceeds of approximately EUR 75 million from the capital increase
further improved the Group´s equity base. The equity ratio was 54.1% as of
December 31, 2011, having stood at 35.9% at year-end 2010. At EUR 300.3
million the liquidity position was comparable to the previous year´s
figure. This gives the Group a sound basis for future growth. At the Annual
General Meeting 2012 the Management and Supervisory Boards will propose
that no profits should be distributed in the interests of sustainably
increasing the Company´s value.
´2011 was a challenging - but good - year for KHD, ´ commented CEO Jouni
Salo, summing up the course of business for the 2011 financial year. ´We
finished 2011 in a much better competitive position than we were in at the
beginning of the year.´ He added that more service, more customer focus,
more efficiency and more tenders for turnkey plants around the world were
all positive developments which should give the Company a good starting
point for 2012 and beyond.
KHD expects to see a moderate increase in its order intake in 2012 due to
its improved market position. However, its revenue and EBIT margin are not
expected to reach their 2011 levels, especially given that further delays
are anticipated in the completion of projects due to difficult market
conditions.
The complete 2011 Annual Report for KHD Humboldt Wedag International AG can
be downloaded from the Investor Relations section of the Company´s website,
www.khd.com.
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 pyroprocessing
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 with customer service centers in growing markets like
India, Russia and the Asia Pacific region. Other major customer service
centers include ´Americas´ covering both North and South America and EMEA
Europe, Middle East and Africa), based in Cologne. 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
Elisabeth Prigge
Investor Relations
Tel.: +49 (0)221 - 6504-1500
Fax: +49 (0)221 - 6504-1409
E-Mail: Elisabeth.prigge@khd.com
Website: www.khd.com
End of Corporate News
30.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP´s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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: elisabeth.prigge@khd.com
Internet: www.khd.com
ISIN: DE0006578008
WKN: 657800
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin
End of News DGAP News-Service
163151 30.03.2012
Salo, summing up the course of business for the 2011 financial year. ´We
finished 2011 in a much better competitive position than we were in at the
beginning of the year.´ He added that more service, more customer focus,
more efficiency and more tenders for turnkey plants around the world were
all positive developments which should give the Company a good starting
point for 2012 and beyond.
KHD expects to see a moderate increase in its order intake in 2012 due to
its improved market position. However, its revenue and EBIT margin are not
expected to reach their 2011 levels, especially given that further delays
are anticipated in the completion of projects due to difficult market
conditions.
The complete 2011 Annual Report for KHD Humboldt Wedag International AG can
be downloaded from the Investor Relations section of the Company´s website,
www.khd.com.
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 pyroprocessing
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 with customer service centers in growing markets like
India, Russia and the Asia Pacific region. Other major customer service
centers include ´Americas´ covering both North and South America and EMEA
Europe, Middle East and Africa), based in Cologne. 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
Elisabeth Prigge
Investor Relations
Tel.: +49 (0)221 - 6504-1500
Fax: +49 (0)221 - 6504-1409
E-Mail: Elisabeth.prigge@khd.com
Website: www.khd.com
End of Corporate News
30.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP´s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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: elisabeth.prigge@khd.com
Internet: www.khd.com
ISIN: DE0006578008
WKN: 657800
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin
End of News DGAP News-Service
163151 30.03.2012
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