KHD Humboldt Wedag reported earnings results for the first quarter ended March 31, 2016. For the period, the company reported revenue of EUR 34.8 million against EUR 50.7 million a year ago. LBIT was EUR 8 million against EUR 5.5 million a year ago. LBT was EUR 6.2 million against EUR 3 million a year ago. Cash outflows from operating activities was EUR 14.7 million against EUR 12.3 million a year ago.

For 2016, the company expects revenues will be approximately 10% lower than in 2015. EBIT is expected to be significantly lower than in the 2015 financial year.