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RHI Magnesita NV (RHIM.L)

RHIM.L on London Stock Exchange

4,256.00GBp
4:35pm BST
Change (% chg)

-34.00 (-0.79%)
Prev Close
4,290.00
Open
4,294.00
Day's High
4,296.00
Day's Low
4,204.00
Volume
77,836
Avg. Vol
71,865
52-wk High
5,020.00
52-wk Low
3,240.00

Latest Key Developments (Source: Significant Developments)

RHI Magnesita: Expectations For FY 2019 Operating Results Remain Unchanged
Wednesday, 8 May 2019 

May 8 (Reuters) - RHI MAGNESITA NV ::REMAINS CONFIDENT IN ITS EXPECTATIONS FOR FY, AFTER A SOLID TRADING PERFORMANCE IN Q1 OF 2019.ON TRACK TO REALISE SYNERGY TARGETS OF AT LEAST EUR 90 MILLION IN 2019 AND EUR 110 MILLION BY 2020.BOARD'S EXPECTATIONS FOR FULL YEAR 2019 OPERATING RESULTS REMAIN UNCHANGED.  Full Article

RHI Magnesita: CEO Stefan Borgas Was Appointed To Board Of SCR-Sibelco
Thursday, 18 Apr 2019 

April 18 (Reuters) - RHI MAGNESITA NV ::SAYS STEFAN BORGAS, CEO AND EXECUTIVE DIRECTOR, WAS APPOINTED TO BOARD OF SCR-SIBELCO NV AS NON-EXECUTIVE DIRECTOR.  Full Article

RHI Magnesita FY Adj EBITA Up 81 Pct To EUR 428 Million
Wednesday, 27 Mar 2019 

March 27 (Reuters) - RHI Magnesita NV ::FY ADJUSTED EBITA UP 81% TO €428 MILLION, REPRESENTING AN ADJUSTED EBITA MARGIN OF 13.9%.FY STRONG REVENUE GROWTH OF 21% TO €3,081 MILLION.PROGRESSIVE DIVIDEND POLICY WITH PROPOSED 2018 DIVIDEND OF EUR 1.50 PER SHARE.  Full Article

RHI Magnesita: As Of Dec. 10 Gets Valid Acceptances For 70% Of Magnesita Shares Subject To ITO
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - RHI Magnesita NV ::AS OF DEC. 10 RECEIVED VALID ACCEPTANCES FROM HOLDERS OF 17,607,645 MAGNESITA COMMON SHARES.CASH CONSIDERATION IN RESPECT OF ACCEPTANCES RECEIVED TO DATE IS BRL350 MILLION (ABOUT EUR78 MILLION).17.6 MILLION SHARES REPRESENT ABOUT 70% OF MAGNESITA SHARES SUBJECT TO ITO.  Full Article

RHI Magnesita NV: Expectations For FY 2018 Operating Results Unchanged
Monday, 5 Nov 2018 

Nov 5 (Reuters) - RHI MAGNESITA NV ::MANAGEMENT EXPECTATIONS FOR FULL YEAR 2018 OPERATING RESULTS REMAIN UNCHANGED.  Full Article

RHI Magnesita Says In India Continues To Grow Ahead Of Consolidation Of co's Operating Entities In 2019
Monday, 5 Nov 2018 

Nov 5 (Reuters) - RHI Magnesita NV ::RHI MAGNESITA NV SAYS RHI MAGNESITA HAS SEEN A GOOD TRADING PERFORMANCE IN Q3, WHICH CONTINUES TO REFLECT POSITIVE TRENDS SEEN IN FIRST HALF OF 2018.RHI MAGNESITA NV SAYS IN INDIA CONTINUES TO GROW STRONGLY AHEAD OF CONSOLIDATION OF RHI MAGNESITA'S OPERATING ENTITIES IN 2019.  Full Article

RHI Magnesita proposes 2017 dividend of 0.75 eur/shr
Wednesday, 21 Mar 2018 

March 21 (Reuters) - Rhi Magnesita Nv ::Says ‍adjusted pro-forma revenue of eur 2,677.2 million, up 11%, driven by sales growth in both steel and industrial divisions​.Says ‍adjusted pro-forma EBITA of eur 304.1 million, up 39%​.Says ‍adjusted pro-forma EBITA margin of 11.4%, up 230bps from previous year, driven by higher sales and company's initiatives to improve operational efficiencies​.Says ‍faster realization of synergies by one year: eur 40 million in 2018 and balance of eur 70 million in 2019​.Says ‍board of directors will propose a dividend of eur 0.75 per share, to be paid on 2 july 2018​.Says ‍2018 has started well​.  Full Article

RHI Magnesita announces early redemption of part of 8.625 pct perpetual notes
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Rhi Magnesita Nv ::‍HAS GIVEN NOTICE TODAY FOR EARLY REDEMPTION OF US$70 MILLION OF ITS US$250 MILLION 8.625% PERPETUAL NOTES, TO BE EFFECTED ON JANUARY 26, 2018, AT A PRICE EQUAL TO 100% OF PRINCIPAL AMOUNT PLUS ACCRUED AND UNPAID INTEREST​.  Full Article

RHI Magnesita to use Intocast proceeds to reduce debt​
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Rhi Magnesita Nv ::‍ON SEPTEMBER 8, 2017, RHI AG AND MAGNESITA AGREED TO SELL THESE PLANTS TO INTOCAST AKTIENGESELLSCHAFT FEUERFEST-PRODUKTE UND GIEßHILFSMITTEL FOR EUR 42.6M​.‍DISPOSAL WAS SUBJECT TO, AMONG OTHER CONDITIONS, BUYER APPROVAL BY EUROPEAN COMMISSION, WHICH HAS NOW BEEN OBTAINED​.‍PROCEEDS FROM SALE WILL BE USED TO FURTHER REDUCE COMPANY'S NET DEBT​.  Full Article

RHI Magnesita buys Swedish Agellis Group
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Rhi Magnesita Nv says::acquires 100% of the shares of Agellis Group AB, Lund (Sweden)‍​.acquisition is strategic extension of its product range with advanced innovative measurement technology‍​.Says operational and financial integration of Agellis is expected to be finished by the end of 2017.  Full Article

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