RMC
Article Abstract:
RMC is a building materials company that acquired Rugby, which makes cement in 1999. The company's cost savings have been higher than expected from this acquisition, though annual results have been affected by a fine from German authorities for price fixing. US and European operations have performed well, apart from this, though market conditions in Germany and Britain have been difficult. US infrastructure spending should help the company in that market. JP Morgan rates the company's stocks a buy, Charterhouse Securities rates them a hold, and Dresdner Kleinwort Benson rates them a 'reduce'.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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RMC
Article Abstract:
RMC has a high debt level, but is carrying out a cost reduction program and could attract a bid.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
User Contributions:
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RMC
Article Abstract:
RMC is a UK supplier of construction materials which is showing recovery in 1995 as the UK construction industry starts to emerge from recession. East German operations have performed well with a 20% increase in construction activity reaching 35% in housebuilding. Germany accounts for 54% of RMC's profits but strong growth may not persist for long after 1995. The company's growth rates could be affected. RMC's shares are seen as fairly priced in April 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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