AMG Adv.Metallurgical Group : Preview 2Q 2021: Profitability improvements to continue
>Continued improvement in overall profitability - Overall, we expect a solid uptick in sales (+35%) due to a recovery in volumes in the processed metals and substantially better pricing for the mined/recycled metals. We forecast sales of $279.9m (versus $207.6m in 2Q 20210 and EBITDA of $33.0m, significantly up from $7.8m in 2Q2020 when Covid-19 was wreaking havoc on both volumes (due to production sites being closed) and metal prices. The better EBITDA leads to subst...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
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