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RSS FeedsRHI Magnesita Half Year Results 2018: Strong Operating Profits and Synergy Upgrades
(WorldNews Netherlands)

 
 

16 august 2018 09:57:19

 
RHI Magnesita Half Year Results 2018: Strong Operating Profits and Synergy Upgrades
(WorldNews Netherlands)
 


Vienna/London, August 16, 2018 - RHI Magnesita N.V. (LSE: RHIM), the global leading supplier of refractory products, systems and services, today announces its half year results for the six months ended June 30, 2018. RHI Magnesita`s first half results continue to reflect the positive trends seen in the H217, the benefits of our high level of vertical integration and synergies from the combination. Price increases drove revenue development, more than offsetting higher raw material input costs. Revenue for the six months to June 2018 was EUR1,508 million, 24.6% higher than the comparative period on a constant currency basis (76.4% higher on a reported basis). Adjusted EBITA increased by almost...


 
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