RHI: 2012 Will be Successful

People ♦ Published: November 30, 2012; 18:53 ♦ (Vindobona)

The Austrian refractory company will record a substantial increase in revenues and earnings, CEO Struzl says. However, results of the fourth quarter are expected to slacken.

RHI: 2012 Will be Successful / Picture: © RHI AG

Franz Struzl, CEO of RHI announced that the company continues its upward trend. This year, RHI´s EBIT margin is estimated to reach 9.5%. This is one percentage point higher than last year. Revenues will come at € 1.8bn after € 1.75bn in 2011.

However, the fourth quarter will not be as successful as the prior quarters. In the fourth quarter, the EBIT margin will not reach the…