RHI Magnesita N.V. (RHIM.L) reported profit before income tax of 142.6 million euros for the six months ended 30 June 2024 compared to 111.4 million euros, last year. Earnings per share increased to 2.10 euros from 1.68 euros. Adjusted profit after tax increased to 131 million euros from 121 million euros, last year. Adjusted earnings per share was 2.59 euros compared to 2.53 euros.
First half revenue was 1.73 billion euros, flat with prior year, as M&A contribution offsets 3% decline in sales volumes and 4% lower pricing in the base business.
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