Umicore S.A. (UMI.BR)
| Previous close | 13.80 |
| Open | 14.10 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 13.11 - 14.10 |
| 52-week range | 13.11 - 27.48 |
| Volume | |
| Avg. volume | 704,553 |
| Market cap | 3.153B |
| Beta (5Y monthly) | 0.99 |
| PE ratio (TTM) | 8.19 |
| EPS (TTM) | 1.60 |
| Earnings date | 26 Jul 2024 |
| Forward dividend & yield | 1.10 (7.97%) |
| Ex-dividend date | 29 Apr 2024 |
| 1y target est | 16.30 |
BloombergUmicore Delays $2 Billion Ontario Plant as EV Demand Slows
(Bloomberg) -- Umicore SA delayed plans for its C$2.8 billion ($2 billion) Ontario electric vehicle battery materials plant as consumer adoption falls short of expectations.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpHarris Just Showed Why Trump Is So Afraid of HerThe Private Equity Staffer With a Shot at Olympic GloryThe manuf
- Reuters
Umicore profit slumps on weak EV demand, takes 1.6 billion euro writedown
(Reuters) -Metals recycling group Umicore reported on Friday a 24% fall in half-year core profit and booked a 1.6 billion euro impairment for its battery materials division in the face of weak demand for electric vehicles. The maker of catalytic converters and battery materials for carmakers has decided to postpone a "large scale" investment in an unspecified battery recycling plant in Europe due to EV market weakness. It will also delay a battery materials plant investment in Canada as it launches a strategic review of its business.
GlobeNewswireUMICORE: HALF YEAR RESULTS 2024
Umicore Group key figures Revenues1 of € 1.8 billion Adjusted EBITDA of € 393 million and adjusted EBITDA margin of 21.8%Adjusted EBIT of € 241 million Adjusted net profit (Group share) of € 118 million and adjusted EPS of € 0.49 Adjustments to EBITDA of -€1.66 billion (mainly because of a -€1.60 billion non-cash impairment and write down in Battery Materials) ROCE of 11.3%Cash flow from operations of € 453 million: free operating cash flow of € 168 millionCapital expenditures of € 269 million R
