RHI 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.
Read moreRHI Magnesita earnings rise, flags impact of Russia sanctions
28th Feb 2022 10:09
(Sharecast News) - RHI Magnesita reported a 13% improvement in revenue in its full-year results on Monday, to €2.55bn (£2.13bn), and by 16% in constant currency terms, with shipped volumes now above 2019 levels.
Read moreRHI Magnesita secures €400m in new financing
2nd Dec 2021 08:21
(Sharecast News) - RHI Magnesita said it had agreed €400m of new debt financing to pursue new acquisition opportunities.
Read moreDirector dealings: RHI Magnesita CEO raises stake
19th Oct 2021 15:52
(Sharecast News) - RHI Magnesita revealed on Tuesday that chief executive Stefan Borgas had acquired 2,515 ordinary shares in the FTSE 250-listed refractory products supplier.
Read moreRHI Magnesita buys Turkey's SORMAS as input costs rise
19th Oct 2021 10:21
(Sharecast News) - RHI Magnesita said demand was still strong for both its steel and industrial businesses in the September quarter on Tuesday, with its raw material assets and refractory plants operating at high capacity utilisation, and order book visibility extending into the first quarter of 2022.
Read moreRHI Magnesita slumps on RBC Capital downgrade
13th Oct 2021 09:15
(Sharecast News) - RHI Magnesita tumbled on Wednesday after RBC Capital Markets downgraded the shares to 'sector perform' from 'outperform' and cut the price target to 3,700p from 4,750p.
Read moreRHI Magnesita on track to achieve FY adjusted EBITDA targets despite H1 contraction
28th Jul 2021 08:36
(Sharecast News) - Refractory products supplier RHI Magnesita said on Wednesday that it was on track to achieve its 2021 guidance of €310.0m in adjusted underlying earnings despite witnessing a modest contraction in the first half, with earnings expected to be weighted towards the second half.
Read moreRHI Magnesita reiterates FY guidance amid ongoing 'solid' order book growth
5th May 2021 07:33
(Sharecast News) - Refractory products supplier RHI Magnesita kept full-year guidance unchanged on Wednesday, with recovery trends in end markets continuing and ongoing "solid" order book momentum.
Read moreTuesday broker round-up
9th Mar 2021 13:05
(Sharecast News) - Aston Martin: HSBC upgrades to buy with a target price of 2,750p.
Read moreRHI Magnesita reinstates FY guidance and interim dividend
22nd Oct 2020 08:41
(Sharecast News) - Refractory products supplier RHI Magnesita reinstated its full-year guidance and interim dividend on Thursday as it reported a continued resilience and improved customer outlook.
Read moreThursday broker round-up
2nd Jul 2020 13:42
(Sharecast News) - Rio Tinto: Deutsche Bank upgrades to buy with a target price of 4,900.0p.
Read moreRHI Magnesita responds 'well' to Covid-19 challenges
1st Jul 2020 09:10
(Sharecast News) - Refractory products group RHI Magnesita said on Wednesday that it has "responded well" to challenges presented by the Covid-19 pandemic but still highlighted several impacts to trading as a result of the virus.
Read moreFall in materials helps offset tough environment for RHI Magnesita
5th May 2020 07:30
(Sharecast News) - Refractory products company RHI Magnesita said on Tuesday that the difficult market environment of the second half of 2019 had continued into the first quarter of 2020, with limited impact from the Covid-19 coronavirus pandemic felt in those first three months.
Read moreRHI Magnesita pulls dividend as tough conditions persist
1st Apr 2020 08:01
(Sharecast News) - Refractory products company RHI Magnesita pulled its dividend and said difficult market conditions in the second half of 2019 had continued in the first quarter of 2020.
Read moreFriday broker round-up
15th Nov 2019 13:09
(Sharecast News) - Whitbread: Barclays upgrades to overweight with a target price of 4,900p.
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