31.03.2019, 2349 Zeichen
RHI Magnesita: RHI Magnesita announced its 2018 full year results for the year ended 31 December 2018. Revenue for 2018 amounted to Euro 3,081 mn, 21% higher than 2017. The significant growth in revenue is underpinned by strong growth in both the Group’s Steel and Industrial Division results, aswell as the favourable market conditions, with positive dynamics in customer industries as well as the raw material pricing environment. The Company reported gross profit of Euro 737 mn in 2018 (2017: Euro 561 mn), as a result of strong selling prices, a high degree of vertical integration and synergies, partially offset by operational issues at certain plants and some supply chain challenges in H2 2018 (which will be an important focus in 2019), representing a gross profit margin of 23.9%, 190 bps higher than in the previous year. Underpinned by the strong performance of the business and given its strong annual cash generation, the Board has considered its long term dividend policy in the context of its capital allocation strategy. For 2018, the Board has recommended a final dividend of Euro 1.50 per share for the full financial year, equating to an increase of 100% over the previous year. This represents a dividend cover of 3.5x adjusted earnings per share.
RHI Magnesita: weekly performance:
Andritz: International technology Group Andritz launches the next generation of its highly successful ModuScreen family of pressure screens – the new PrimeScreen X. The newly developed screen has thoroughly been tested in most demanding OCC applications and shows significant improvements in energy efficiency, screening performance and maintainability.Wolfgang Lashofer, Senior Vice President and Global Division Manager of Paper, Fiber and Recycling Division at Andritz: “Our new PrimeScreen X reduces energy consumption significantly and improves performance of our customers’ plants, thus meeting exactly market demands”. Furhter, the company has officially launched its new tissue machine for textured tissue, the “PrimeLineTEX”, enabling customers to produce textured tissue of a quality superior to dry crepe and very close to structured (TAD) tissue, while at the same time achieving significant cost savings.
Andritz: weekly performance:
(From the 21st Austria weekly https://www.boerse-social.com/21staustria (27/03/2019)
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