RHI Magnesita NV (OTCPK:RMGNF)

$ 58.44612 0 (0%) Market Cap: 1.90 Bil Enterprise Value: 3.16 Bil PE Ratio: 10.05 PB Ratio: 1.48 GF Score: 77/100

Half Year 2024 RHI Magnesita NV Earnings Call Transcript

Jul 24, 2024 / 07:15AM GMT

Release Date Price: $58.45

Transcript

Operator

(video playing)

Hello, and welcome to the RHI Magnesita half-year results 2024 webcast with Stefan Borgas, CEO; and Ian Botha, CFO. The webcast will consist of a presentation followed by Q&A. (Operator Instructions)

I would now like to hand over to Stefan to start the presentation. Stefan, please go ahead.

Stefan Borgas

RHI Magnesita NV - Chief Executive Officer, Executive Director

Here is my moment of safety. A handyman was preparing to cut a metal bar at my friend's house when I recently went to visit him on the weekend. The handyman didn't have the plastic cover on his cutting machine. Walking by, I asked him why? And he answered, it's too cumbersome to assemble and I never used this cover shield.

When I came back out of my friend's house, the handyman was sitting on the floor holding his bleeding eye, the metal splinter had flown into his eye. The plastic cover would have prevented this.

Why did I not insist when I walked by his workplace on the way in? Luckily, he recovered after a few hours without any long-term

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