RHI Magnesita earnings weaker despite second-half recovery
2nd Mar 2026 09:09
(Sharecast News) - RHI Magnesita shares tumbled after the release of its full-year results on Monday, as investors appeared to focus on weaker reported earnings and a subdued market outlook despite a second-half recovery driven by cost measures.
Read moreRHI Magnesita reports marked improvement in profitability
10th Nov 2025 08:19
(Sharecast News) - RHI Magnesita reported a marked improvement in profitability over the four months to 31 October on Monday, in line with full-year guidance, as cost-cutting measures and integration benefits from recent acquisitions offset continued weakness in steel demand.
Read moreRHI Magnesita lowers guidance after tough first half
30th Jul 2025 10:36
(Sharecast News) - RHI Magnesita lowered its full-year profit guidance on Wednesday, after reporting a steep drop in earnings for the first half of 2025, as deferred industrial projects, weaker pricing, and cost pressures weighed on margins.
Read moreRHI Magnesita Q1 sales fall, downside risks increase
7th May 2025 09:24
(Sharecast News) - Refractory products supplier RHI Magnesita said both sales and margins had fallen in Q1 as downside risks to its FY25 trading outlook increased, driven by a weak outlook for H1 performance and rising global trade tensions, all of which could negatively affect end markets.
Read moreLondon close: Stocks mixed on corporate earnings, Trump tariff threats
27th Feb 2025 15:43
(Sharecast News) - London stocks closed in a mixed state on Thursday, with the top-flight index recovering from a weaker open as investors absorbed fresh US jobless claims data and a wave of corporate earnings reports.
Read moreRHI Magnesita revenue, earnings slip in FY24
27th Feb 2025 09:49
(Sharecast News) - Refractory products supplier RHI Magnesita said on Thursday that both revenue and earnings had slipped in FY24 amid "very weak market conditions".
Read moreBerenberg raises target price on RHI Magnesita
5th Feb 2025 12:54
(Sharecast News) - Analysts at Berenberg hiked their target price on RHI Magnesita from 4,150.0p to 4,400.0p on Wednesday, noting that the group's recent acquisition of Resco had provided it with better US access.
Read moreRHI Magnesita reports continued weak demand conditions
11th Nov 2024 09:08
(Sharecast News) - RHI Magnesita reported a steady third-quarter performance amid challenging demand conditions in an update on Monday, as it warned of softer full-year sales than previously expected.
Read moreRHI Magnesita revenue stable amid challenging market
24th Jul 2024 07:59
(Sharecast News) - Refractory products specialist RHI Magnesita reported stable revenue and resilient margins in its half-year results on Wednesday, despite a challenging demand environment.
Read moreRHI Magnesita reports subdued Q1, but outlook unchanged
2nd May 2024 08:04
(Sharecast News) - Refractory products group RHI Magnesita reported subdued customer demand in the first quarter but said that the outlook for 2024 remains in line with expectations.
Read moreRHI Magnesita buys US group Resco for $430m
2nd Apr 2024 07:16
(Sharecast News) - RHI Magnesita said it was buying Resco Group, a US-based producer of alumina monolithics and refractories, for up to $430m.
Read moreLondon close: Stocks slip as US jobless claims top expectations
28th Dec 2023 16:46
(Sharecast News) - London's stock markets experienced a modest decline on Thursday, as the day unfolded with a pronounced lack of significant market-moving developments.
Read moreLondon midday: Stocks reverse gains to turn lower at lunchtime
28th Dec 2023 12:27
(Sharecast News) - London's stock markets had turned negative by lunchtime on Thursday, reflecting a subdued trading environment during the typically quiet period between Christmas and New Year.
Read moreRHI Magnesita buys P-D Refractories for €45m
3rd Oct 2023 07:17
(Sharecast News) - RHI Magnesita said on Tuesday that it has bought P-D Refractories for around €45m.
Read moreRHI Magnesita cautious on full-year outlook amid market challenges
26th Jul 2023 08:26
(Sharecast News) - Refractory products and systems specialist RHI Magnesita reported resilience and growth in its first half on Wednesday, despite challenges in the market, although it struck a downbeat tone on its full-year outlook.
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