RHI Magnesita: Trading Update Q2 2020
(World News Austria)

RHI Magnesita N.V. (LSE: RHIM), the leading global supplier of refractory products, systems and solutions, today provides an update on current trading and measures being taken in response to the COVID-19 pandemic, ahead of the publication of its Half Year Results on 5 August 2020. Summary The business has responded well to the challenges presented by COVID-19. Whilst volumes have declined significantly in the second quarter 2020, in-line with our customers` volumes, the business remains resilient, particularly with regards to liquidity. In addition, we are continuing to take action to accelerate the delivery of our strategy and to strengthen the business for the longer term. Challenging...