
Rhi Group has reported a significant increase in revenue, with a growth rate of 17% over the past year, driven by strong demand for its products in the automotive and aerospace industries.
In 2020, the company's revenue was £1.2 billion, up from £1 billion in 2019. This growth is a testament to Rhi's ability to adapt to changing market conditions and capitalize on emerging trends.
Rhi's operating profit also saw a notable increase, rising to £145 million in 2020 from £120 million in 2019. This represents a growth rate of 21% over the same period.
The company's cash flow has also improved, with a 25% increase in operating cash flow in 2020 compared to the previous year.
Financial Performance
RHI Magnesita releases its financial performance updates on a regular basis, providing investors with valuable insights into the company's progress. These updates are typically published on the company's website and can be accessed through the investor relations page.
The company's quarterly trading updates are a key part of its financial performance reporting. For example, in Q3 2024, the update was announced on November 11, 2024, and a webcast was held for investors and analysts. The update can be accessed as a PDF on the company's website.
The company also publishes its annual reports, which provide a comprehensive overview of its financial performance for the year. These reports are typically published in October and can be accessed as PDFs on the company's website. Some notable dates for annual reports include October 22, 2022, when the annual report for 2022 was published.
Here are some key dates for RHI Magnesita's financial performance updates:
- Q3 2024: November 11, 2024 (webcast) and PDF available on the company's website
- 2022 Annual Report: October 22, 2022 (PDF available on the company's website)
- 2021 Annual Report: October 22, 2021 (PDF available on the company's website)
- 2020 Annual Report: October 22, 2020 (PDF available on the company's website)
Q3 Trading Update
The Q3 Trading Update is a crucial aspect of a company's financial performance, and RHI Magnesita has consistently made their results available to the public.
RHI Magnesita announced its Q3 Trading Update for the nine-month period to 30 September 2024 on Monday, 11 November 2024 at 07:00 UK time (08:00 CET).
You can access the Q3 2024 Webcast by visiting the following link: https://www.investis-live.com/rhimagnesita/6712513eb2cedb000e3a34c9/lwpfg.
The webcast is a great way to stay up-to-date with the company's latest developments and hear directly from their executives.
Here is a list of available Q3 Trading Updates for RHI Magnesita:
These documents provide valuable insights into the company's financial performance and can help investors make informed decisions.
Stocks
Stocks can be a great way to invest in businesses, but it's essential to understand the difference between market price and fair value. Robert Half International Inc, for instance, has a market price of $59.85, but its fair value is not publicly disclosed.
To determine a stock's fair value, you need to analyze the company's financials, such as cash balance, revenue, and operating margin. Franklin Covey Co, for example, has a market price of $34.25, but its fair value is not publicly disclosed.
Here are some stocks with their market prices and percentage changes:
Keep in mind that a stock's market price can fluctuate rapidly, so it's essential to stay informed and adjust your investment strategy accordingly.
2021
In 2021, the company had a busy year with several key events.
The company's annual report to shareholders was released on October 27, providing a comprehensive overview of the company's financial performance for the year.
A special dividend was declared on October 7, providing a return to shareholders.
The company's quarterly activities and cash flow reports for the September and December quarters were released on October 28 and January 29, respectively.
The company also completed the sale of its interest in the Red Hill Iron Ore Joint Venture on August 2.
Here are some key dates for the year:
- October 27: Annual Report to shareholders released
- October 7: Special Dividend declared
- October 28: Quarterly Activities, Cash Flow and Tenement Reports for 30 September 2021 released
- January 29: Quarterly Activities, Cash Flow and Tenement Reports for 31 December 2020 released
- August 2: Sale of Red Hill Iron Ore Joint Venture Interest completed
Historical Data
RHI Investor Relations has a rich history, with a significant amount of data available to investors. The company has been actively releasing updates and announcements since 2022.
Some key events from 2022 include the appointment of a new Chief Executive Officer in July, and the execution of a binding term sheet for the Onslow Iron Project in August. The company also announced a special dividend in April, and released quarterly activities reports in April and July.
Here are some notable dates from 2022:
- Dec 15: Corrected App3Y Change of Director's Interest Notice
- Dec 05: Change of Company Name
- Nov 10: Special Distribution and Dividend Distribution
- Oct 27: Quarterly Activities, Cash Flow and Tenement Reports 30 September 2022
- Aug 29: Binding Term Sheet executed for Onslow Iron Project (RHIOJV)
- Jul 28: Appointment of Chief Executive Officer and Issue of Options
- Apr 29: Special Dividend and Notification of Dividend Distribution
2011
In 2011, the company was quite active, with numerous events taking place throughout the year.
The company's Annual General Meeting was held on November 18, where the results were announced.
The company's Quarterly Activities and Cash Flow Report for 30 September 2011 was released on October 31.
On October 17, the company released its 2011 Annual Report.
The Notice of 2011 Annual General Meeting was also released on October 17.
The company's Quarterly Activities and Cash Flow Report for 30 June 2011 was released on July 29.
The company's Quarterly Activities and Cash Flow Report for 31 March 2011 was released on April 29.
The company issued a Dispute Notice - Red Hill Iron Ore Joint Venture on April 18.
The company's Interim Financial Report for the half-year ended 31 December 2010 was released on March 12.
Here are the key events that took place in 2011:
2022
In 2022, CZR-RHI made significant progress with the Onslow Iron Project, as evidenced by the binding term sheet executed on August 29.
The company also announced a cooperation agreement with CZR-RHI on July 28, which included the issue of options and an employee securities incentive plan.
On October 27, CZR-RHI released its quarterly activities, cash flow, and tenement reports for the period ending September 30, 2022.
The company's financial statements and directors' report for the year were released on September 29.
CZR-RHI's quarterly activities, cash flow, and tenement reports for the periods ending March 31 and June 30, 2022, were released on April 29 and July 28, respectively.
Here are the key dates for 2022:
- Aug 29: Binding Term Sheet executed for Onslow Iron Project (RHIOJV)
- Oct 27: Quarterly Activities, Cash Flow and Tenement Reports 30 September 2022
- Sep 29: Financial Statements and Directors' Report
- Apr 29: Quarterly Activities, Cash Flow and Tenement Reports 31 March 2022
- Jul 28: Quarterly Activities, Cash Flow and Tenement Reports 30 June 2022
Sources
- https://www.alphaspread.com/security/nyse/rhi/investor-relations
- https://www.alphaspread.com/security/nse/rhim/investor-relations
- http://rhi.webtogo.com.ph/investor-relations.do
- https://ir.rhimagnesita.com/en/investors-old/results-presentations/
- https://redhillminerals.com.au/investors/asx-announcements.html
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