RHI sees refractory light

By Mark Watts
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...

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