RHI Confirms Outlook and Rules Out Capital Increase

IndustrialsIndustrial Goods ♦ Published: June 22, 2011; 11:47 ♦ (Vindobona)

The Austrian manufacturer of refractory materials expects a moderate increase in revenues. A capital increase is not planned in the near future.

RHI Confirms Outlook and Rules Out Capital Increase / Picture: © RHI AG

At today’s analyst day, Henning Jensen, CEO of RHI AG, confirmed the outlook given with the publication of the first quarter results. Jensen expects revenues to increase slightly compared to the first quarter with an EBIT margin of 9% and exchange rates remaining unchanged. Due to a higher order level, RHI will be able to repeat the revenues of the first quarter in the second quarter…