RHI 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.

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RHI 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.

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Tuesday broker round-up

9th Mar 2021 13:05

(Sharecast News) - Aston Martin: HSBC upgrades to buy with a target price of 2,750p.

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RHI 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.

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Thursday 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.

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RHI 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.

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Fall 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.

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RHI 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.

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Friday 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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Friday broker round-up

25th Oct 2019 12:56

(Sharecast News) - AstraZeneca: Liberum upgrades to buy with a target price of 8,250p.

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Thursday broker round-up

24th Oct 2019 13:38

(Sharecast News) - Reckitt Benckiser: UBS downgrades to neutral with a target price of 6,200p.

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RHI Magnesita warns on earnings as steel markets deteriorate further

24th Oct 2019 08:13

(Sharecast News) - Refractory products and systems supplier RHI Magnesita updated the market on its trading for the third quarter on Thursday, reporting that since its interim results in August, the global steel market had weakened further, with global production declining quarter-on-quarter.

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Wednesday broker round-up

21st Aug 2019 13:20

(Sharecast News) - Greene King: RBC Capital Markets downgrades to sector performer with a target price of 850p.

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Thursday broker round-up

30th May 2019 13:13

(Sharecast News) - Sophos: Numis downgrades to hold with a target price of 320p.

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RHI Magnesita maintains expectations after 'solid' first quarter

8th May 2019 07:53

(Sharecast News) - Refractory products supplier RHI Magnesita updated the market on its trading in the first quarter on Wednesday, saying it remained confident in its expectations for the full financial year after a "solid" trading performance, which continued to reflect the trends seen in the latter part of 2018.

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