PRESS RELEASE
from KHD Humboldt Wedag International AG (isin : DE0006578008)
EQS-Adhoc: KHD Humboldt Wedag International AG: KHD raises Earnings Forecast
EQS-Ad-hoc: KHD Humboldt Wedag International AG / Key word(s): Forecast
KHD Humboldt Wedag International AG: KHD raises Earnings Forecast
04-Nov-2024 / 11:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
KHD raises Earnings Forecast
Cologne, Germany, November 4, 2024 – KHD Humboldt Wedag International AG (KHD), Cologne, Germany, is raising the KHD Group’s earnings forecast for the 2024 financial year in light of the updated corporate planning and the positive development of the earnings position in the 2024 financial year to date.
In contrast to the outlook published in March and confirmed in August, in which slightly negative values were expected for the operating result (EBIT) and the EBIT margin, KHD now plans to achieve clearly positive values for EBIT and the EBIT margin in the 2024 consolidated financial statements. Taking into account a positive financial result, KHD is thus planning significantly positive earnings before taxes (EBT) and Group net income for the year.
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
Von-der-Wettern-Str. 4a
51149 Cologne, Germany
Contact:
KHD Humboldt Wedag International AG
Jürgen Luckas
Chief Financial Officer
Tel.: +49 (0)221 – 6504-1107
E-Mail: juergen.luckas@khd.com
Website: www.khd.com
Cologne, Germany, November 4, 2024 – KHD Humboldt Wedag International AG (KHD), Cologne, Germany, is raising the KHD Group’s earnings forecast for the 2024 financial year in light of the updated corporate planning and the positive development of the earnings position in the 2024 financial year to date.
In contrast to the outlook published in March and confirmed in August, in which slightly negative values were expected for the operating result (EBIT) and the EBIT margin, KHD now plans to achieve clearly positive values for EBIT and the EBIT margin in the 2024 consolidated financial statements. Taking into account a positive financial result, KHD is thus planning significantly positive earnings before taxes (EBT) and Group net income for the year.
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
Von-der-Wettern-Str. 4a
51149 Cologne, Germany
Contact:
KHD Humboldt Wedag International AG
Jürgen Luckas
Chief Financial Officer
Tel.: +49 (0)221 – 6504-1107
E-Mail: juergen.luckas@khd.com
Website: www.khd.com
End of Inside Information
04-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | KHD Humboldt Wedag International AG |
| Von-der-Wettern-Str. 4a | |
| 51149 Köln | |
| Germany | |
| Phone: | +49 (0)221 6504 0 |
| Fax: | +49 (0)221 6504-1209 |
| E-mail: | info@khd.com |
| Internet: | www.khd.com |
| ISIN: | DE0006578008 |
| WKN: | 657800 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2021869 |
| End of Announcement | EQS News Service |
2021869 04-Nov-2024 CET/CEST