Magnesita Q3 2011 profits up 9% while revenue dipped slightly

By Mike O'Driscoll
Published: Thursday, 10 November 2011

Quarter impacted by economic slowdown as drive to 90% vertical integration continues

Brazilian minerals and refractories producer Magnesita Refratários SA reported a net profit of real (R) 34.4m ($19.6m) in the third quarter of 2010, up 9% on the R31.6m ($18m) in the same period of 2010.

 

Magnesita’s EBITDA* margin rose to 21.1%, up 3.4 points...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.