Brief: KHD Humboldt Wedag International says was informed of arbitration award
12/02/2016 13:30
Feb 12 (Reuters) - KHD Humboldt Wedag International AG
KWGG.DE :
* Was informed of an award from a Portuguese arbitration
court
* In this award KHD and its subsidiary Humboldt Wedag, Inc.
are jointly ordered to pay damages to a customer in South
America
* Already assessed that arbitration award is expected to
lead to expenses for KHD group of approx. 15 million euros ($17
million) in 2015 financial year
* Reflection of this arbitration award in KHD group's
financial statements will not have an impact on forecast result
for 2015 financial year
Source text for Eikon: ID:nEQ99PvR4a
Further company coverage: KWGG.DE
($1 = 0.8889 euros)
(Gdynia Newsroom)
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