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
02-Aug-2023 / 12:43 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.
Cologne, Germany, August 2, 2023 –Against the backdrop of the updated corporate planning and the good earnings development in the first half of 2023, KHD Humboldt Wedag International AG (KHD), Cologne, is raising its earnings forecast for the Group for the 2023 financial year.
In contrast to the outlook published in March, in which slightly negative values were expected for the operating result (EBIT) and the EBIT margin, KHD now plans to report positive values for EBIT and the EBIT margin in the 2023 consolidated financial statements. Taking into account a positive financial result, KHD thus plans to report clearly positive earnings before taxes (EBT) and a consolidated net income for the year.
The half-year financial report as of June 30, 2023 will be published on August 15, 2023.
In contrast to the outlook published in March, in which slightly negative values were expected for the operating result (EBIT) and the EBIT margin, KHD now plans to report positive values for EBIT and the EBIT margin in the 2023 consolidated financial statements. Taking into account a positive financial result, KHD thus plans to report clearly positive earnings before taxes (EBT) and a consolidated net income for the year.
The half-year financial report as of June 30, 2023 will be published on August 15, 2023.
End of Inside Information
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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: | 1694391 |
| End of Announcement | EQS News Service |
1694391 02-Aug-2023 CET/CEST