RHI AG / Unaudited preliminary revenue and operating EBIT 2016

17.02.2017, 1561 Zeichen



Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.
annual result
The RHI Group will conclude the financial year 2016 with revenue of roughly EUR 1,650 million and an operating EBIT of roughly EUR 123 million according to the preliminary, unaudited figures. The operating EBIT includes external expenses of roughly EUR 12 million related to the planned combination of RHI and Magnesita. Adjusted for these expenses, the operating EBIT amounted to roughly EUR 135 million in the past financial year, which corresponds to an operating EBIT margin of roughly 8.2%. Impairment and restructuring costs, at roughly EUR 10 million in the fourth quarter, were in line with the guidance. The preliminary, unaudited EBIT of the financial year 2016 thus amounts to roughly EUR 116 million. As a result of the strong free cash flow generation, net debt was reduced by roughly EUR 65 million compared with December 31, 2015 and amounted to roughly EUR 333 million at December 31, 2016. This corresponds to a decline by roughly EUR 134 million within two years.
end of announcement euro adhoc

company: RHI AG Wienerbergstrasse 9 A-1100 Wien phone: +43 (0)50213-6676 FAX: +43 (0)50213-6130 mail: rhi@rhi-ag.com WWW: http://www.rhi-ag.com sector: Refractories ISIN: AT0000676903 indexes: ATX Prime, ATX stockmarkets: official market: Wien language: English

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1. RHI AG: Ergebnis für das 1. Halbjahr 2016, Seite 1/2, komplettes Dokument unter http://boerse-social.com/static/uploads/file_1582_rhi_ag_ergebnis_fur_das_1_halbjahr_2016.pdf   >> Öffnen auf photaq.com

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