Cement News tagged under: Magnesita Refratários SA
Magnesita's first-half revenue rises 14%15 August 2017, Published under Cement NewsMagnesita Refratários SA, a global leader in refractory solutions and industrial minerals, recorded consolidated net revenue of US$552m in the first half of 2017, representing a 14 per cent YoY increase over the comparative period of 2016. Adjusted EBITDA reached US$91m in the 1H17, up by 13 per cent over 1H16, with a 16.5 per cent margin in the period. The performance was mainly driven by the 10.3 per cent increase in sales to the steel industry. Record in dead burnt magnesia sales, whic... |
Magnesita records profits of US$40.1m Jan-Sep 201611 November 2016, Published under Cement NewsMagnesita Refractários recorded a profit of US$40.1m between January and September 2016. The refractory company's EBITDA was US$115.9m in the period, while the EBITDA margin reached 16 per cent, against 15.6 per cent in the same period of 2015. Net revenue reached US$725m in the year. Magnesita International Chairman and CEO, Octavio Pereira Lopes, highlighted the results achieved in the face of the challenging environment in the company's main markets. "The EBITDA margin rose to 16 per ce... |
Magnesita reports US$45.4m net income in 1H1616 August 2016, Published under Cement NewsBrazil-based Magnesita Refratários SA registered net income of US$45.4m between January and June of 2016, after a US$5m loss in the first half of 2015. The performance was driven by better operational results and foreign exchange variation. The company's adjusted EBITDA reached US$80.5m, with a 16.5 per cent margin, compared to a 15.4 per cent margin in the first semester of 2015. Consolidated revenue for the period amounted to US$486.8m, a nine per cent drop in the same comparison. Magne... |
Brazil: Magnesita 1Q16 income17 May 2016, Published under Cement NewsMagnesita Refratários SA announced a net income of US$22.7m between January and March of 2016. The publicly-traded Brazilian Corporation focusses on mining and the production and sale of refractory materials and industrial minerals. Magnesita’s EBITDA reached US$39.1m in 1Q16 with a 16.9 per cent margin, while the registered net revenue for the period was US$234m. CEO of Magnesita, Octavio Pereira Lopes, emphasised that despite the economic deterioration in Brazil and the excess of ste... |
Magnesita and ACIS announce agreement for global cement greenfield projects02 July 2015, Published under Cement NewsMagnesita Refratários SA, a publicly-traded Brazilian corporation dedicated to mining, production and sales of refractory materials and industrial minerals, announced an agreement with ACIS, a cement maintenance and operations service company based in China and Saudi Arabia. Under the agreement ACIS will expand its service offering with Magnesita’s refractory products in support of global cement greenfield projects. ACIS and Magnesita will target Chinese cement Original Equipment Manufact... |
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