Investor Presentaiton
RHI MAGNESITA
Our performance in context
RHIM has navigated the recent downturn in steel production without margin decline, whilst
executing significant M&A at the bottom of the refractory market
EBITDA margin
World Steel Production YoY change
Global
financial
crisis
China
downturn
China raw
material
crisis
Energy
COVID-19
crisis
19.0%
17.9%
16.9%
14.2% 14.3%
14.5%
14.9%
14.5%
15.2% 15.1% 15.2%
13.2% 13.4%
13.5%
10.6%
11.3% 11.6%
12.5%.
11.6%
11.5%.
9.3%
8.0%.
17.3%
10.5%
9.2%
8.9%
7.3%
6.3%
5.7%
6.9%
5.9%
3.1%
3.5%
2.6%
2.2%
2.5%
1.2%
4.7%
M&A
programme
-0.2%
-0.1%
-1.1%
-2.8%
RHI RHI Magnesita
-3.5%
-5.9%
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
2012 2013 2014 2015
2016
2017 2018 2019 2020 2021 2022 2023
Investor Presentation | March 2024
1) Source WSA and Company data
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