RHI 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.
Read moreRHI Magnesita upbeat on recent trading
15th Jun 2023 07:54
(Sharecast News) - RHI Magnesita reported continued momentum in improving profitability and margins in a trading update on Thursday, supported by sustained refractory pricing and cost reduction efforts.
Read moreRhone offers to buy 20% stake in RHI Magnesita, shares surge
30th May 2023 09:47
(Sharecast News) - RHI Magnesita surged on Tuesday after Ignite Luxembourg Holdings, which is indirectly managed by Rhone Holdings, offered to buy a 20% stake in the company at 2,850p per share in cash.
Read moreRHI Magnesita reports continued momentum in first quarter
5th May 2023 07:13
(Sharecast News) - Refractory specialist RHI Magnesita said in an update on Friday that its momentum of improving EBITA and margins continued through the first quarter, despite lower sales volumes, which were in line with management expectations and overall market demand.
Read moreRHI Magnesita buys Germany's Dalmia GSB Refractories for €13m
29th Mar 2023 07:14
(Sharecast News) - RHI Magnesita on Wednesday said it had bought German firm Dalmia GSB Refractories for €13m in cash.
Read moreRHI Magnesita FY EBITDA rises as price hikes offset increased costs
27th Feb 2023 07:12
(Sharecast News) - Refractory products group RHI Magnesita said on Monday that both revenues and adjusted earnings had risen in the twelve months ended 31 December.
Read moreRHI Magnesita buys 65% stake in China's Jinan New Emei for €40m
13th Jan 2023 07:17
(Sharecast News) - RHI Magnesita said it was buying a 65% shareholding in China's Jinan New Emei for 293 million Chinese yuan (€40m).
Read moreRHI Magnesita buys Indian refractory business
21st Nov 2022 07:34
(Sharecast News) - RHI Magnesita said it had bought the Indian refractory business of Dalmia Bharat Refractories in a share swap agreement.
Read moreRHI Magnesita maintains expectations as prices rise
1st Aug 2022 11:02
(Sharecast News) - RHI Magnesita reported a 33% improvement in first-half revenue on Monday, to €1.59bn (£1.33bn), and by 25% in constant currency terms.
Read moreRHI Magnesita Q1 profits, revenue 'materially ahead'
12th May 2022 08:09
(Sharecast News) - RHI Magnesita said first-quarter profits were materially higher, driven by robust demand for steel and industrial products and price increases.
Read moreRHI Magnesita partners with Horn & Co in recycling joint venture
28th Mar 2022 07:35
(Sharecast News) - Refractory products supplier RHI Magnesita has entered into a new joint venture with Horn & Co to accelerate its use of secondary raw materials in its products.
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