RHI Magnesita 2020 Results
RHI Magnesita declares a gross profit margin of 24,4 % (2019: 24,5 %) and adjusted EBITA of 11,5 % (2019: 14,0 %). Furthermore, the Company achieved a positive adjusted operating cash flow of EUR 290 million (2019: EUR 359 million), supported by strong working capital management leading to a reduction in net debt to EUR 582 million (2019: EUR 650 million). The Board has recommended a final dividend of EUR 1,00 per share, bringing the total dividend in respect of 2020 to EUR 1,50 per share.