RHI AG: improvements in revenues and earnings in the first half of 2010

摘要

RHI AG, the world market leader for refractory products, continued the upward trend in the first half of 2010 and realised significant improvements in revenues and earning in comparison with the very difficult first half of 2009. Revenues of the RHI Group in the first half of 2010 rose by 22.5% to EUR 740.7 million compared with the reference period of 2009 (first half 2009: EUR 604.5 million). The operating result increased by 139.2% compared with the first half of 2009, up from EUR 31.1 million to EUR 74.4 million. The balance of the reduction in carrying value and the insurance compensation for the plants destroyed by the earthquake in Chile was reflected in a positive one-off effect of EUR 7.9 million. The pre-restructuring EBIT margin rose from 5.1% to 10.0%.