Key figures preliminary result 2007 The refractories world market leader RHI increased revenue from continuing operations by more than 11% to EUR 1,485.8 million (previous year: EUR 1,335.8 million) and the operating result by approx. 23% to EUR 164.3 million. With this increase in revenues, RHI surpasses the growth rates of its customer industries and […]
Read MoreThe Takeover Commission has completed the investigation procedures dealing with the issue of whether the MS Private Foundation has, due to acting in concert with other parties, wrongly not made a mandatory bid or omitted a mandatory announcement (§§ 22 to 25 Austrian Takeover Act – ÜbG), with a notification dated 31 January 2008, delivered […]
Read MoreOn 20 December 2007 we were informed that the district court confirmed the decision of the insolvency court of 24 September 2007 (see ad hoc release of 26 September 2007). Thus another step in the procedure has been taken towards a final conclusion of the Chapter 11 proceedings in the USA. This decision now gives […]
Read MoreAvW Gruppe AG, Krumpendorf/Austria has informed us that their voting rights of RHI AG has exceeded the threshold of 5% as of 31 October 2007. Taking into account the most recent conversions of RHI convertible bonds, the shareholder structure of RHI AG is composed as follows: Free Float < 65%; MS Private Foundation > 25%; […]
Read MoreThe RHI Group reported revenues in the amount of EUR 1,099.1 million (previous year: EUR 998.6 million) in the first three quarters of 2007, up 10.1%. EBITDA rose 22.5% to EUR 159.9 million (previous year: EUR 130.5 million); EBIT improved by 25.9% to EUR 122.8 million (previous year: EUR 97.5 million). The EBIT margin, at 11.2% (previous year: 9.8%), also clearly exceeded the figure of the […]
Read MoreAbsolute Capital Management Holdings Limited, Cayman Island and AvW Gruppe AG, Krumpendorf/Austria have informed us that their joint share in the voting rights of RHI AG fell below the threshold of 5% on 21 September 2007. Taking into account the most recent conversions of RHI convertible bonds with effect from 1 October 2007, the shareholder […]
Read MoreOn September 24, 2007, an order was entered by the Bankruptcy Court approving the PoRs and overruling all remaining objections to them. In order for the confirmation order of the Bankruptcy Court to become final, it must be affirmed by the District Court. In the event that the District Court affirms the Bankruptcy Court order, […]
Read MoreThe RHI Group reported revenues in the amount of EUR 732.0 million (previous year: EUR 666.8 million) in the first half of 2007, up 9.8%. EBITDA rose 21.8% to EUR 105.2 million (previous year: EUR 86.4 million); EBIT improved by a very positive 25.1% to EUR 80.8 million (previous year: EUR 64.6 million). Die EBIT margin, at 11.0% (previous year: 9.7%), also clearly exceeded the figure of […]
Read MoreAt an extraordinary meeting, the RHI Supervisory Board decided on the following changes in the RHI Board of Management today: The contract with Dr. Eduard Zehetner will be terminated with mutual consent as of today. Dr. Zehetner will also resign his Supervisory Board functions in various RHI Group companies. Dr. Stefano Colombo will be called […]
Read MoreThe RHI Group reported revenue in the amount of EUR 361.2 million in the first quarter of 2007 (previous year: EUR 329.3 million), up 9.7%. EBITDA in the RHI Group rose to EUR 54.3 million (previous year: EUR 42.3 million); EBIT improved by a very positive 32.8% to EUR 42.1 million (previous year: EUR 31.7 million). The EBIT margin, at 11.7% (previous year: 9.6%), also clearly exceeded […]
Read MoreAbsolute Capital Management Holdings Limited, Cayman Island and AvW Gruppe AG, Krumpendorf/Austria have informed us that their joint share in the voting rights of RHI AG has exceeded the threshold of 5% as of 18 April 2007. Taking into account the most recent conversions of RHI convertible bonds with effect from 11 May 2007, the […]
Read MoreThe RHI Supervisory Board approved the financial statements 2006 of RHI AG and the consolidated financial statements 2006 at its meeting on 24 April 2007. The group’s preliminary results, which were published on 21 March 2006, have thus been confirmed. At the Annual General Meeting on 1 June 2007, the Management Board will propose to […]
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