NEWS

Latest News

21.09.2018

Update on Position of Chief Financial Officer

Vienna/London, 21th September 2018 THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION On June 5, 2018, RHI Magnesita announced that Octavio Pereira Lopes, its CFO and Executive Director, had informed the Board of his intention to leave the Company by the end of 2018 and return to Brazil. The Company also announced that a broad search process to […]

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16.08.2018

UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2018

UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2018  Delivering Strong Operating Profits and Synergy Upgrades   Reported Adjustments1   Adjusted Pro forma at constant currency Financial Summary H1 2018 H1 2017 H1 2018 H1 2017 €m €m €m €m Change % Revenue 1,508 855         1,508    1,210 24.6% EBITA      229 64 […]

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06.08.2018

New US$600 Million 5-year Term Loan and Multi-currency Revolving Credit Facility

RHI Magnesita N.V. (LSE: RHIM), a global leading supplier of refractory products, systems and services, announces the successful syndication of a new unsecured US$600 million 5-year term loan and multi-currency revolving credit facility with a syndicate of 10 international banks. The initial margin on the Term Loan is 100bps and 75bps for the RCF. The […]

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01.08.2018

Notification under Listing Rule 9.6.14R

In accordance with Listing Rule 9.6.14R, RHI Magnesita N.V. notifies the market that Andrew Hosty, an independent Non-Executive Director, will be appointed as a Non-Executive Director of James Cropper Plc (listed on the London Stock Exchange) with effect from 1st August 2018. As required by the Listing Rules, it is confirmed that there are no […]

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27.06.2018

Press Speculation

The Company notes the recent press speculation regarding RHI Magnesita and a possible transaction involving Kumas Manyezit Sanayi AS. As a market leader in its segment, RHI Magnesita regularly seeks to evaluate opportunities that may arise to participate in the ongoing consolidation of the refractory industry. The Company confirms that there is currently no agreement […]

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07.06.2018

Long Term Incentive Plan Awards

RHI Magnesita announces the granting of awards under the RHI Magnesita Long Term Incentive Plan 2018 (“LTIP”), to a number of persons discharging management responsibilities (“PDMRs”). Awards will normally vest on the third anniversary of the date of grant subject to the performance conditions disclosed on the Company’s website at www.rhimagnesita.com. Shares acquired on vesting […]

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07.06.2018

Result of Annual General Meeting 2018

Following the annual general meeting held today at Hilton Amsterdam Airport Schiphol, RHI Magnesita N.V. announces that each of the resolutions set out in the Notice of Meeting to Shareholders dated 26 April 2018 were passed by the requisite majority. A poll was held on each of the resolutions proposed. The results of the poll incorporating […]

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05.06.2018

Future Directorate Change

Octavio Pereira Lopes, the CFO of RHI Magnesita, has informed the Board that it is his intention to leave the Company by the end of 2018 and return to Brazil with his family to pursue other career opportunities. We respect this decision and wish Octavio a lot of success for his new professional chapter and […]

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08.05.2018

Trading Update

8 May 2018, London. RHI Magnesita N.V. (LSE: RHIM), the global leading supplier of refractory products, systems and services, today announces a trading update for the three months to March 2018.   OVERVIEW RHI Magnesita’s first quarter trading performance continues to reflect the positive trends seen in the H217 and the benefits of our high […]

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26.04.2018

2018 Notice of Annual General Meeting

In accordance with Listing Rule 9.6.1, RHI Magnesita N.V. (the “Company”) has submitted today the 2018 Notice of Annual General Meeting (the “AGM Notice”) to the National Storage Mechanism. The AGM Notice will shortly be available for inspection at www.hemscott.com/nsm.do. A copy of the AGM Notice is available through the ‘Investors’ page within our website […]

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22.03.2018

Dividend record date

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, […]

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22.03.2018

Completion of Term Loan Refinancing

22 March 2018, London. RHI Magnesita N.V. (LSE: RHIM), a global leading supplier of refractory products, systems and services, announces that it has signed an agreement to refinance existing facilities with a new €305.6 million 5 year term loan, with an initial cost of Euribor (no floor) + 75bps. This new term loan replaces the […]

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