22 March 2018, London. As announced in the Annual Financial Report 2017 on 21 March 2018, the Board of Directors has recommended a dividend of €0.75 per share for the year ended 31 December 2017, which is subject to shareholders’ approval at the Annual General Meeting to be held on 7 June 2018. The dividend, if approved by shareholders, is to be paid on 2 July 2018. The Company confirms that the record date for this dividend payment is 15 June 2018.
About RHI Magnesita
RHI Magnesita is the result of the combination of RHI and Magnesita to form the global leading supplier of high-grade refractory products, systems and services which are indispensable for industrial high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals, and glass, among others. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves more than 10,000 customers in nearly all countries around the world.
The Company has unmatched geographic diversification with more than 14,000 employees in 35 main production sites and more than 70 sales offices. RHI Magnesita intends to use its global leadership position in terms of revenue, greater scale, complementary product portfolio and diversified geographic presence around the world to target opportunistically those countries and regions benefitting from more dynamic economic growth prospects.
For more information please visit: www.rhimagnesita.com
RHI Magnesita N.V.
Eduardo Gotilla, Head of Corporate Finance and Investor Relations
Stefan Rathausky, Head of Corporate Communications
Tel +43 50213-6059