Category: Industry Trends
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U.S. Market News 28th February 2024
The U.S. investment market today saw a blend of intriguing company news and market movements that could have significant implications for investors. Let’s delve into the key highlights: Market Performance The U.S. stock markets exhibited a downward trend, as evidenced by the major indices’ movements. The Dow Jones Industrial Average (DJI) decreased by 0.28%, the…
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Commentary on RHI Magnesita’s 2023 Full Year Results
RHI Magnesita, the leading global supplier of high-grade refractory products, systems, and solutions, has announced its financial results for the year ended 31 December 2023. The company has demonstrated resilience and strategic growth amidst challenging market conditions, achieving a 7% growth in Adjusted EBITA to €409 million. This performance is underpinned by disciplined pricing, operational…