Business
2022 Full Year Results
2022 Full Year Results.
About this update from Rhi Magnesita Nv
[{"type":"text","content":"\n \n \n 27 February 2023\n \n \n \n RHI Magnesita N.V.\n \n \n \n \n \n \n (\"RHI Magnesita\" or the \"Company\" or \"Group\")\n \n \n \n \n 2022 Full Year Results\n \n \n \n \n \"Market share gains and price increases deliver\n \n \n \n \n strong revenue and EBITA growth\"\n \n \n \n \n \n \n \n \n RHI Magnesita,\n the leading global supplier of high-grade refractory products, systems and solutions\n , today announces its final results for the year ended 31 December 2022 (\"2022\" or the \"Year\").\n \n \n \n \n \n \n \n \n Financial results\n \n \n \n \n \n \n 2022\n \n \n \n \n \n 2021\n \n \n \n \n Change\n \n \n \n \n 2021 constant currency adjusted\n \n \n \n \n Change\n Constant currency adjusted\n \n \n \n \n \n \n (€m unless stated otherwise) \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Revenue\n \n \n \n \n 3,317\n \n \n \n \n 2,551\n \n \n \n \n 30%\n \n \n \n \n 2,729\n \n \n \n \n 22%\n \n \n \n \n \n \n Adjusted EBITA\n \n \n \n \n 384\n \n \n \n \n 280\n \n \n \n \n 37%\n \n \n \n \n 318\n \n \n \n \n 21%\n \n \n \n \n \n \n Adjusted EBITA margin\n \n \n \n \n 11.6%\n \n \n \n \n 11.0%\n \n \n \n \n 60bps\n \n \n \n \n 11.7%\n \n \n \n \n (10)bps\n \n \n \n \n \n \n Adjusted EPS (€/per share)\n \n \n \n \n 4.82\n \n \n \n \n 4.52\n \n \n \n \n 7%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Net debt2\n \n \n \n \n 1,168\n \n \n \n \n 1,014\n \n \n \n \n 15%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Net debt to adjusted EBITDA2\n \n \n \n \n 2.3x\n \n \n \n \n 2.6x\n \n \n \n \n (0.3)x\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 2022\n \n \n \n \n \n 2021\n \n \n \n \n \n \n (€m unless stated otherwise) \n \n \n \n \n \n Reported\n \n \n \n \n \n Reported\n \n \n \n \n \n \n Revenue\n \n \n \n \n 3,317\n \n \n \n \n 2,551\n \n \n \n \n \n \n EBITA\n \n \n \n \n 372\n \n \n \n \n 236\n \n \n \n \n \n \n Profit before tax\n \n \n \n \n 270\n \n \n \n \n 289\n \n \n \n \n \n \n EPS (€/per share)\n...