RHI posts increase in Q3 profit, outlines caution as economy bites

By Siobhan Lismore-Scott
Published: Thursday, 03 November 2011

Highlights impact of raw material cost, magnesia acquisitions in Ireland, Norway

Global refractories giant RHI posted a 2.2% increase in its profit for the third quarter of 2011 but warned that steel output had been negatively affected by the economic situation in Europe.


Gross profit in the third quarter was at €89.3m. ($123.1m.) Net cash flow from operating activities...

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