High Expectations for RHI

IndustrialsIndustrial Goods ♦ Published: October 29, 2011; 16:25 ♦ (Vindobona)

Analysts forecast a substantial rise in sales for the Austrian refractory manufacturer. However, profits should decline, analysts state.

High Expectations for RHI / Picture: © RHI AG

RHI will present its figures for the third quarter on 3rd November. According to estimates, sales should rise by 13% to €1.28bn. Profits should decrease by 15% to € 76.7m. Analysts from UniCredit, Raiffeisen Centrobank and Erstegroup forecasted RHI´s result.

The average EBITDA estimation is € 146.4m, which is a slight increase by 2.6% against 2010. The expected…