RHI Magnesita's London shares surge 20% on positive 2026 outlook
10/11/2025 08:45
Nov 10 (Reuters) - London-listed shares of Austria-based refractory products supplier RHI Magnesita RHIM.L RHIM.VI rose nearly 20% on Monday after the company said it expects strong momentum from the second half of 2025 to continue into the first half of 2026. Adjusted earnings before interest, tax and amortisation for the July–October period came in at 136 million euros ($158.6 million), representing a 12.7% margin, which was ahead of its run-rate during the first half, it said. ($1 = 0.8575 euros) (Reporting by Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala) ((RaechelThankam.Job@thomsonreuters.com;))