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KHD Humboldt Wedag International AG Updates Earnings Forecast

KHD Humboldt Wedag International AG, based in Cologne, Germany, has revised its earnings forecast for the 2024 financial year. The company now anticipates clearly positive results for its operating profit (EBIT) and EBIT margin, diverging from its earlier projections of slightly negative figures. This optimistic outlook is driven by updated corporate planning and favorable earnings development so far in 2024.

The new forecast also suggests significantly positive earnings before taxes (EBT) and net income for the year, reflecting a robust financial performance. This marks a shift from the March and August outlooks, which had proposed less favorable expectations.

R. P.

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