RHI sees Q3 2015 profit rise by 5.5%
Published: Thursday, 05 November 2015
Despite a challenging environment, RHI has posted a rise in Q3 pre-tax profit which has been helped by strong sales in its industrial arm. Although it expects to increase group revenues by more than 3% for 2015, the company is still concerned about marcoeconomic conditions impacting on refractories orders.
Austria-based refractories producer RHI AG
saw its pre-tax profit increase by 5.5% to €19.1m ($21m*)
for the period ended 30 September 2015, compared the same
period last year, due to strong business development in its
The company’s group revenue decreased by 1%
year-on-year (y-o-y) to €410m, due...