RHI AG announces that its CEO Dr. Andreas Meier will terminate his contract as a Management Board member prematurely and will leave the company at his own request. Dr. Meier will remain with the company as CEO until his function is taken over by a successor, however, at the longest until 31 March 2009. Bearing […]
Read MoreIn the first three quarters of 2008, RHI, the world market leader in refractories, increased revenues to € 1,220.9 million, up 12.4% on the same period in 2007. EBITDA rose by 15.1% to € 184.9 million; EBIT improved by 19.6% to € 148.0 million. At 12.1%, the EBIT margin thus clearly exceeded the prior-year figure […]
Read MoreAvW Gruppe AG, Krumpendorf/Austria has informed us on 20 October 2008 that their voting rights of RHI AG fell below the threshold of 5%. Taking into account the most recent conversions of RHI convertible bonds with effect from 1 October 2008, the shareholder structure of RHI AG is composed as follows: Free Float < 70%; […]
Read MoreIn addition to the announcement of Landesbank Baden-Württemberg dated 16 October 2008, which RHI AG published on 17 October 2008, the following amendment has been reported according to article §92a: “Landesbank Baden-Württemberg acquired a total of 1,906,079 shares with voting rights of RHI AG within the framework of buying commissions, thus exceeding the reporting threshold […]
Read MoreThe Management Board of RHI AG announces that it has just now received a letter with the following content: “On behalf of Landesbank Baden-Württemberg, we announce in accordance with Article 91 of the Stock Exchange Act: Landesbank Baden-Württemberg has acquired shares of RHI AG within the framework of buying commissions and exceeded the reporting threshold […]
Read MoreRHI AG announces that a conditional agreement has been reached with Cookson Group plc concerning the acquisition of two plants, in Scotland (Bonnybridge) and USA (Saybrook) respectively, manufacturing Carbon Bonded Ceramics (“CBC”), currently operated by Foseco plc. The CBC business had revenues of approximately GBP 20 million for the year ended 31 December 2006 and […]
Read MoreDespite rising raw material and energy costs, RHI, the world market leader in refractories, recorded an EBIT margin of 12.2% in the first half of 2008, exceeding the target EBIT margin, which had been revised upwards from 10.0% to 12.0% by 2010 only at the beginning of 2008. 2nd Quarter Ist Half in € million […]
Read MoreIn a document dated 17 June 2008, RHI AG informed Didier-Werke AG that, pursuant to § 327b para. 1 sentence 1 of the Stock Corporation Act (AktG), it has set the cash settlement for the exclusion of the minority shareholders of Didier-Werke AG at EUR 91.11 Euro for each no-par bearer share. A resolution on […]
Read MoreRHI, the world market leader in refractories, raised its EBIT margin to 11.8% in the first quarter of 2008 despite the weak US dollar and ongoing high raw material and energy costs. This is primarily attributable to the exceptionally good business development in the Industrial Division. 1st Quarter in € million 2008 2007 Change […]
Read MoreBalance sheet 2007: RHI strengthens position for further growth Incoming orders excellent in the first months of 2008 Management Board aims to achieve EBIT margin of 12% in 2010 The RHI Supervisory Board approved the annual financial statements 2007 of RHI AG and the consolidated financial statements 2007 at its meeting on 24 April […]
Read MoreThe acquisition of two refractories ISO plants in Scotland (Bonnybridge) and the USA (Saybrook) by RHI AG has been completed successfully on 16 April 2008 following the approval by the European and US anti-trust authorities. RHI takes over the two plants, which were previously operated by Foseco plc, from the Cookson Group plc, the new […]
Read MoreRHI AG informed Didier-Werke Aktiengesellschaft (“the Company”) in a document of today that RHI AG has decided to initiate the required steps acquire all shares in the Company still held by minority shareholders by means of a resolution by the Annual General Meeting in accordance with sections 327a et seq. of the Stock Corporation Act […]
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