RHI Magnesita Earnings Benefit from Strong Industrial Performance

RHI Magnesita NV of Austria has reported a 2.2% increase in first half revenue, to €1.54 billion (US$1.70 billion). The increase reflects the strength of the US dollar and a strong performance from its Industrial division, offset by a weaker performance in the Steel division. Adjusted EBITDA increased by 12.3% to €234 million (US$258 million)….

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