Report
Martijn Den Drijver

AMG : Preview 3Q22 results: lithium key driver for EBITDA

>Continued improvement in sales and EBITDA - AMG will publish its 2Q22 results on July 28 after the close. We forecast a solid quarter, driven mainly by Clean Energy Materials and the stronger pricing for lithium and tantalum, which is only partially offset by weaker vanadium. We forecast sales of $433m (consensus at $414m), up 2.1% from 2Q22 and up 39% from 3Q21. We expect an EBITDA of $85.4m (or a margin of 19.7%) versus consensus of $91.0m (margin of %) and $81.1m ...
Underlying
AMG Advanced Metallurgical Group N.V.

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

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Martijn Den Drijver

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