AMG Adv.Metallurgical Group : Preview 4Q20 and FY20 results
>Sequentially better results expected - AMG will report 4Q2020 and FY20 results on February 24 after the close. We expect the 4Q2020 results to be modestly better, equally driven by Critical Materials and Technologies. We forecast sales of USD 233m including a USD 15m catch up from 3Q2020 (USD 221m consensus) and an EBITDA of USD 18.9m (USD 18.6 consensus), which is a step up from 3Q2020 (sales of USD 197.7m and EBITDA of USD 14.1m). Due to higher capex in relation t...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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