Germany: KHD suffers 1H16 revenue fall by 25.5%

Germany: KHD suffers 1H16 revenue fall by 25.5%
Published: 16 August 2016


KHD's 1H16 revenue amounted to EUR66.6m, considerably lower than the figure for the
previous year (EUR89.4m). Reasons for the decrease of 25.5 per cent are the relatively low order backlog at the beginning of the year, delays in project execution, reductions in order value and order intake that did not materialise in the 1H16.









Net finance income decreased by EUR0.9m from EUR4.3m to EUR3.4m. The Group net result for the period was EUR-17.3m (previous year: EUR-25.8 m), which translates into diluted and basic earnings per share of EUR -0.35 (previous year: € -0.52).

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