RHI: New Boss Wants to Double Profits by 2015

IndustrialsIndustrial Goods ♦ Published: October 29, 2010; 15:38 ♦ (Vindobona)

RHI pursues ambitious growth plans. Higher sales and profits are to be generated mainly through expansion in emerging markets.

RHI: New Boss Wants to Double Profits by 2015 / Picture: © RHI AG

Henning Jensen, who only leads RHI since August, has big plans. By 2015, profits are to be doubled, sales to be raised from 1.2 billion euro to 2 billion.

In addition, and based on the fiscal year 2010, a dividend will be distributed in 2011 for the first time in ten years. An amount of 50 cents per share would be conceivable, according to Jensen.

The new CEO outlines…