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Preliminary results RHI Group 2003: earnings increase by 55% (ad hoc)

In the financial year 2003, RHI reported net income after minorities in the amount of EUR 72.9 million (2002: EUR 46.9 million), an improvement by 55.4%. The undiluted earnings per share amounted to EUR 3.65 (2002: EUR 2.35). RHI is presenting the results for 2003 according to IFRS for the first time; the figures for […]

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RHI confirms good operating performance again in third quarter (ad hoc)

Consolidated sales revenue amounted to EUR 920.7 million in the first three quarters of 2003 (previous year: EUR 988,9 million) the figure of the previous year still contains the Engineering Division (sold at June 30, 2002) with EUR 72.8 million. On a comparable basis, sales revenue was up 0.5% on the previous year; with a […]

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RHI concentrates stock market presence on ATX in Vienna

RHI AG (ISIN AT0000676903), based in Vienna, has been listed on the Vienna Stock Exchange since 1987. Since 1991, the share has been a member of the ATX, the lead index of the Austrian capital market. Since 1993, RHI has also been listed on the Official Market of the Frankfurt Stock Exchange under the securities […]

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RHI sees payment claims related to US Chapter 11 proceedings (ad hoc)

In early 2002, RHI initiated the split from all its refractories companies in the USA due to asbestos-related problems. These companies were deconsolidated at December 31, 2001, and RHI successfully implemented the required capital restructuring. As a result of the steps taken by the US management, North American Refractories Co. (NARCO) and Global Industrial Technologies […]

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Good half-year result compared to the previous year despite weak US Dollar (ad hoc)

In the first half of 2003 group sales revenue amounted to EUR 613.4 million (previous year: EUR 670.1 million); the decline results primarily from the sale of Engineering as of June 30, 2002. EUR 516.7 million (previous year: EUR 526.2 million) of consolidated sales revenue were accounted for by RHI Refractories; the slight drop is […]

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Progress in Chapter 11 proceedings of US companies (ad hoc)

In early 2002, RHI initiated the split from all its refractories companies in the USA due to asbestos-related problems. These companies were deconsolidated at December 31, 2001, and RHI successfully implemented the required capital restructuring. As a result of the steps taken by the US management, North American Refractories Co. (NARCO) and Global Industrial Technologies […]

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RHI AG: Further expansion in China – ground-breaking ceremony in Dalian

Dr. Andreas Meier, im RHI Vorstand weltweit für den Bereich Feuerfest verantwortlich, nahm gestern in der chinesischen Hafenstadt Dalian, Provinz Liaoning, gemeinsam mit zahlreichen Vertretern der Stadt und der Behörden, den Spatenstich zu einem zweiten Feuerfestwerk der RHI AG in dieser wirtschaftlich so bedeutenden Region vor. Im Gegensatz zu dem seit Jahren bereits sehr erfolgreichen […]

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RHI sells Villas Austria GmbH (ad hoc)

RHI and Carinthia-based PI Management- und Beteiligungs GmbH signed a contract on May 9, 2003 to sell Villas Austria GmbH, Fürnitz/Austria. The company produces high-grade waterproofing systems under the Villas brand for all kind of buildings. Villas is market leader in Austria and has a strong position in Middle-/East-Europe, too. For Villas and the location […]

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RHI quarterly results I/2003 confirm positive earnings development (ad hoc)

The quarterly figures are shown according to International Accounting Standards (IAS) only for the first time. In accordance with the Prime Market regulations of the Vienna Stock Exchange, RHI also publishes a consolidated balance sheet, income statement, cash flow statement and equity statement. Consolidated sales revenue amounted to EUR 298.6 million (previous: EUR 333.3 million), […]

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RHI’s final results 2002 confirm turnaround (ad hoc)

RHI’s good preliminary results for 2002 have been reconfirmed; the restructuring and earnings targets were significantly exceeded. The RHI Group reported consolidated sales revenues of EUR 1,351.9m (2001: EUR 1,867.2m), EBITDA of EUR 143.4m (2001: EUR -24.2m) and EBIT of EUR 85.2m (2001: EUR -114.3m) acc. to ÖHBG and of EUR 117.9m acc. to IAS. […]

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RHI surpasses restructuring targets with preliminary figures for 2002 (ad hoc)

In the financial year 2002, the RHI Group reported consolidated sales revenues in the amount of EUR 1,351.9 million (previous year: EUR 1,867.2 million), EBITDA of EUR 143.4 million (previous year: EUR -24.2 million) and EBIT of EUR 85.2 million (previous year: EUR -114.3 million). The high level of earnings power of the core business […]

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RHI looks optimistically to 2003 (ad hoc)

The RHI Board shall be submitting an investment budget for 2003 amounting to EUR 48 m to the Supervisory Board on Dec. 19, 2002 for approval. This budget aims to pave the way, particularly in the core refractory business, for expansion and the further optimisation of global business. The position of RHI Refractories as global […]

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