RHI confirms result 2009

26. March 2010

At its meeting on 26 March 2010, the RHI Supervisory Board approved the annual financial statements 2009 of RHI AG as well as the consolidated financial statements 2009. The preliminary results of the RHI Group published on 11 March 2010 have thus been confirmed.

in € million 2009 20081) Change
Revenues

Pre-restructuring EBIT2)

Pre-restructuring EBIT margin in %

EBIT

EBIT margin in %

Profit before income taxes

Profit for the year

Diluted earnings per share in €

1,236.9

79.0

6.4%

54.8

4.4%

25.2

21.4

0.52

1,596.7

166.2

10.4%

148.4

9.3%

113.4

101.8

2.51

-22.5%

-52.5%

-38.5%

-63.1%

-52.7%

-77.8%

-79.0%

-79.3%

1) adjusted

2) before impairment losses and restructuring expenses

As announced previously, the Management Board of RHI AG will propose to the Annual General Meeting to carry forward the accumulated profit 2009 of RHI AG in its entirety 2009 in order to further strengthen liquidity and equity.

Outlook 2010 RHI expects further growth for the Steel Division in the financial year 2010, while the development in the Industrial Division will be similar to the year 2009. Due to the recovery of the market, the expansion of the market position and the improved cost structure, the company expects revenues and earnings to increase.