RHI Magnesita

EANS-News: RHI confirms result 2009

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Financial Figures/Balance Sheet

Wien (euro adhoc) - At its meeting on 26 March 2010, the RHI Supervisory Board approved the annual financial statements 2009 of RHI AG as well as the consolidated financial statements 2009. The preliminary results of the RHI Group published on 11 March 2010 have thus been confirmed.

in EUR million                                         2009      20081)  Change
Revenues                                                  1,236.9 1,596.7    -22.5%
Pre-restructuring EBIT2)                              79.0    166.2    -52.5%
Pre-restructuring EBIT margin in %              6.4%    10.4%    -38.5%
EBIT                                                              54.8    148.4    -63.1%
EBIT margin in %                                          4.4%      9.3%    -52.7%
Profit before income taxes                          25.2    113.4    -77.8%
Profit for the year                                      21.4    101.8    -79.0%
Diluted earnings per share in EUR                0.52      2.51    -79.3%

1) adjusted

2) before impairment losses and restructuring expenses

As announced previously, the Management Board of RHI AG will propose to the Annual General Meeting to carry forward the accumulated profit 2009 of RHI AG in its entirety 2009 in order to further strengthen liquidity and equity.

Outlook 2010 RHI expects further growth for the Steel Division in the financial year 2010, while the development in the Industrial Division will be similar to the year 2009. Due to the recovery of the market, the expansion of the market position and the improved cost structure, the company expects revenues and earnings to increase.

Details on the results as well as the online version of the annual financial report 2009 are available on RHI´s website www.rhi-ag.com.

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ots Originaltext: RHI AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Investor Relations
Barbara Potisk-Eibensteiner
Tel: +43-1-50213-6123
Email: barbara.potisk@rhi-ag.com

Branche: Refractories
ISIN:      AT0000676903
WKN:        874182
Index:    ATX Prime, ATX
Börsen:  Wien / official dealing

Weitere Meldungen: RHI Magnesita

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