Having updated its annual budget, KHD Humboldt Wedag International AG (KHD), Cologne, is adjusting its forecast for the 2016 financial year accordingly.
The awarding of several significant projects, which were expected to be order intake in the first months of the 2016 financial year, has been postponed. As a result, these projects are now planned for order intake in the second half 2016 in the updated forecast. This, combined with challenges in the execution of individual large projects, has a substantial impact on the forecasted figures for revenue and EBIT. In accordance with the updated forecast, KHD expects revenues of approximately 10% below the previous year’s figure for the 2016 financial year. EBIT is expected to be significantly lower than in the previous year.
WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.
World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.
Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.
