Published by
Lucy Stewardson,
Editorial Assistant
World Cement,
KHD Humboldt Wedag International AG, has revised its forecast for its adjusted EBIT for FY18.
Due to unforeseen overruns that will emerge until the finalisation of some projects of the subsidiary Humboldt Wedag GmbH, the adjusted EBIT will be significantly below the level recorded for FY17.
Read the article online at: https://www.worldcement.com/europe-cis/22022019/khd-revises-forecasted-result/
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Despite the ongoing uncertainty over the COVID-19 pandemic, growth in global construction output will reach 5.7% in 2021, following the 2.4% drop in 2020, says GlobalData.
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