Ceramic Industry News

RHI Revenues Increase 23% in 2010

RHI AG recently announced that its revenues were up 23.1% to €1,522.9 million (~ $2,158 million) in 2010, compared to €1,236.9 million (~ $1,7 million) the previous year. The operating result increased by 75.7% to €138.8 million (~ $195.7 million), vs. €79 million (~ $112 million) the previous year.

Earnings before interest and taxes (EBIT) rose by 129.9% to €126 million (~ $178 million), compared to €54.8 million (~ $77.7 million) and taking into account restructuring measures and impairment losses for the shutdown of the plants in Chile and Canada, as well as a raw material site in the EMEA region.

For additional details, visit www.rhi-ag.com.

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