RHI profit plummets

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Business

Fireproof products manufacturer RHI AG has said it is optimistic about the coming months despite the setback the firm experienced at the beginning of this year.RHI announced today (Thurs) it achieved a profit of 18.3 million Euros in the first quarter of 2011, down by 14.9 per cent compared to the same period of last […]

Semperit share value drives upwards

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Business

Semperit AG Holding (Semperit) shares soared in value today (Tues).As of 2pm, one stock in the rubber and synthetics industry company was traded at 40.81 Euros, up by 1.56 per cent. Semperit is based in Vienna and part of the German Continental AG group, a leading producer of tyres.Vienna-based fireproof products maker RHI AG also […]

Schlaff mulls over RHI exit, says report

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Business

Martin Schlaff plans to get rid of his stake in technology and fireproof products manufacturer RHI AG, according to reports.Business magazine Trend claims today (Mon) that the Austrian billionaire wants to sell his interest to Brazilian Magnesita Refractories SA (Magnesita), one of RHI’s main rivals.Schlaff, who started investing in RHI four years ago, currently holds […]

RHI earnings up sharply

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Business

Viennese technology and fireproof products maker RHI AG achieved earnings of nearly 140 million Euros last year.The company – which presented preliminary annual figures earlier this month – said today (Tues) its earnings before interest and taxes (Ebit) soared by 75.7 per cent to 138.8 million Euros from 2009 to the following year. RHI added […]

RHI delivered fire-proof performance in 2010, analysts say

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Business

Fireproofing products maker RHI AG’s earnings before interest and taxes (Ebit) could have been almost 150 per cent higher last year than in 2009, according to analysts.Market experts said today (Fri) that the Vienna-based firm – which will present its annual business performance figures next Tuesday – may have achieved Ebit of 134.5 million Euros […]