RHI Exceeds Expectations

Businessn.a. ♦ Published: March 6, 2012; 11:35 ♦ (Vindobona)

The Austrian producer of fire-proof ceramics could raise revenues by 15.5%. EBIT was up by 19.8%.

RHI Exceeds Expectations / Picture: © RHI AG

The RHI Group increased revenues by 15.5% to € 1,758.6m in the year 2011 (previous year: € 1,522.9m). The operating result rose by 7.1% to € 148.6m (previous year: € 138.8m). Earnings before interest and tax (EBIT) hence increased by nearly 20% to € 150.9m (previous year: € 126.0m) and included expenses and income arising from the reversal of impairments and restructuring…