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RHI Group - Results of the first half of 2017

Published: September 14, 2017; 07:31 · (Vindobona)

In the first half of 2017, the RHI Group's revenue was up 3.1% on the comparative period of 2016 and amounted to EUR 855.8 million. Revenue of the Steel Division rose by 2.9%, among other things thanks to a positive business development in the US. The increase in revenue by 2.0% in the Industrial Division is among other things due to higher project deliveries of the glass business unit and a satisfactory repair business in the cement/lime business unit.

RHI Group - Results of the first half of 2017 / Picture: © Vindobona

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

Mid Year Results

Vienna -

* Positive economic environment strengthens business development
* M&A costs and currency effects weigh on margins
* Adjusted operating EBIT exceeds first half of 2016

In…

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RHI
ISIN
AT0000676903