RHI sees refractory light
Published: Monday, 15 March 2010
Austrian producer shows signs of recovery in the final quarter of a difficult year
Austria-based refractory materials producer, RHI AG, improved
its Q4 2009 operating profit to 22m. ($30m.), up from the
0.2m. reported a year earlier as restructuring and
cost-cutting measures helped increase margins.
Group revenue was 10% lower year on year at 336.7m. in
Q4, despite sales volumes...