AMG Adv.Metallurgical Group : Improving metal prices + project progress = material upside
>Solid results Critical Material, FY21 outlook improved considerably - The results of the Critical Materials division were strong with beats on sales and EBITDA of 28% and 56% respectively. This was driven by a recovery in volumes, modest price increases and strong SG&A control. With the average price of vanadium, lithium and tantalum up significantly in 1Q2021 versus 4Q2020 (35%, 53% and 12% respectively) and even higher spot prices, the outlook is certainly positive...AMG Advanced Metaurgical Group NV is a holding company. Through its subsidiaries Co. creates and applies metallurgical solutions to the global trend of sustainable development of natural resources and CO2 reduction. Co. operates in three business segments: the Advanced Materials segment is engaged in the production of specialty metals and alloys; the Engineering Systems segement consists of proprietary technologies for the design and engineering of vacuum furnaces and related equipment used in the production and treatment of metals and alloys; and the Graphit Kropfmuhl's segment extracts, processes and refines natural crystalline graphite
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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