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RHI Increases Earnings Again

Published: November 6, 2012; 11:00 · (Vindobona)

Revenues of the Austrian RHI Group increased by 7.0% in the third quarter of 2012 in comparison to the same quarter of 2011 and amounted to € 459.9 million.

RHI Increases Earnings Again / Picture: © RHI AG

While revenues in the Steel Division dropped by 3.7% in a market environment still characterized by uncertainty, the Industrial Division recorded growth of 25.8% as some major projects were delivered. The operating result of the third quarter was up 28.3% on the comparable period of 2011 and amounted to € 50.3 million, thus again exceeding the high level of the previous quarter.…

This article includes a total of 769 words.

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ISIN
AT0000676903