Ceramic Industry

RHI First Quarter Revenue Increases 20%

May 26, 2011

The RHI Group has announced revenues of €413.8 million (~ $589.7 million) in the first quarter of 2011, up 20.9% compared to the same quarter of 2010. The group’s sales volume amounted to 466,526 tons, vs. 412,183 tons in the same period of 2010.

Compared to the fourth quarter of 2010, RHI Group revenues increased by 3.2%, while EBIT, at €29.2 million (~ $41.6 million), was slightly below the €29.3 million (~ $41.7 million) of the previous quarter.

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