RHI: Lower Operating Result despite Record Revenues in Second Quarter 2011

Industrials › Industrial Goods ♦ Published: August 4, 2011; 13:07 ♦ (Vindobona)

The Austrian producer of refractory materials reported an increase in revenues of 9.7%. Operating result amounted to € 40.0m.

RHI: Lower Operating Result despite Record Revenues in Second Quarter 2011 / Picture: © RHI AG

RHI recorded all time high quarterly revenues in the second quarter of 2011, exceeding the record level of the second quarter of 2008 by more than 5%, in spite of an environment strongly characterized by insecurity. The Steel Division’s revenues were roughly 7% higher than the record figure of the third quarter of 2008. With record revenues in the nonferrous metals and environment,…

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