Brief: KHD Humboldt Wedag International FY 2014 net profit up to 1.6 mln euros

KHD Humboldt Wedag International AG

19/03/2015 15:00

March 19 (Reuters) - KHD Humboldt Wedag International AG 
 KWGG.DE : 
    * FY 2014 slight drop in revenue of 3.8 pct to 240.2 million 
euros ($255.86 million) is connected with lower order backlog at 
beginning of 2014 
    * FY 2014 order intake fell to 101.3 million euros thanks to 
continued slow investment in cement industry and corresponding 
delays in awarding new orders 
    * FY 2014 EBIT was nearly stable at 1.1 million euros 
(previous year: 1.2 million euros) 
    * FY 2014 net profit for year rose to 1.6 million euros 
(previous year: 0.7 million euros) 
    * Expects significantly higher order intake for 2015 
financial year 
    * Sees FY 2015 revenue significantly below level of 2014 
financial year 
    * EBIT for FY 2015 will likely come in negative 
 
Source text for Eikon:  ID:nEQbj20dCa  
Further company coverage:  KWGG.DE  
 
($1 = 0.9388 euros) 
 
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