Magnesita show growth in sales and profit in Q1 2013

By Siobhan Lismore-Scott
Published: Friday, 10 May 2013

New raw materials projects being investigated which are not in current portfolio

Brazil’s Magnesita appears to have weathered the economic crisis well, posting growth in revenues and EBITDA* across all sectors in its Q1 2013 results, released late Thursday.

Total revenues for Q1 2013 were at Brazilian real (R)618m ($306m**), up 2% over Q1 2012. EBITDA was at R116m, almost...

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