RHI: Positive Development in the First Nine Months

IndustrialsIndustrial Goods ♦ Published: November 4, 2010; 13:43 ♦ (Vindobona)

RHI AG, the world market leader in refractory products, recorded a significant increase in revenues and earnings in the first three quarters of 2010 compared with the prior-year reference period.

RHI: Positive Development in the First Nine Months / Picture: © RHI AG

Revenues of the RHI Group rose by 24.6% to € 1,122.0 million (1,597 million dollars) in the first nine months of the financial year 2010 in comparison with the reference period of 2009 (2009: € 900.2 million). The Group’s operating result was increased by 135.6% to € 107.2 million. (152,6 million dollars).

In a quarterly comparison 2009/2010, a 29.0% growth in revenues to…