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RHI confirms results 2011 / Change in the Management Board (ad hoc)

27. março 2012

At its meeting on March 27, 2012, the RHI Supervisory Board approved the annual financial statements 2011 of RHI AG and the consolidated financial statements 2011. The preliminary results of the RHI as published on March 6, 2012 are thus confirmed.

in € million 2011 2010 Change
Revenues 1,758.6 1,522.9 15.5%
Operating result1) 148.6 138.8 7.1%
Operating result margin 8.4% 9.1% (7.7)%
EBIT 150.9 126.0 19.8%
EBIT margin 8.6% 8.3% 3.6%
Profit before income taxes 125.5 104.6 20.0%
Profit for the year 120.8 104.6 15.5%
Earnings per share 3.03 2.63 15.2

1) before reversal of impairment losses /impairment losses and restructuring expenses As announced previously, the Management Board of RHI AG will propose a dividend of € 0.75 per share to the Annual General Meeting on May 3, 2012. Moreover, the appointment period of the Board members Franz Struzl, Manfred Hödl and Giorgio Cappelli was extended for five years at the meeting of the Supervisory Board and Barbara Potisk-Eibensteiner was appointed Chief Financial Officer for a period of five years as of April 1, 2012. Mark J. Eckhout will resign from the RHI Management Board as of March 31, 2012 and take over an important position in the development of the US market for the RHI Group. Details on the annual results and the online version of the annual financial report 2011 are available on the RHI website www.rhi-ag.com.