Report
Martijn Den Drijver

AMG : Preview 4Q22 – A solid quarter, 2022 EBITDA guidance to be achieved

>2022 EBITDA guidance to be met - AMG is likely to have been hampered in 4Q22 due to a timing issue (a shipment of lithium spodumene was recognized in 3Q22 while it was expected in 4Q22) and lower prices for ferrovanadium, tantalum and graphite. Nevertheless, we forecast a more than robust quarter due to higher lithium prices, some additional revenue and EBITDA coming from Cambridge II and a further recovery in the aerospace business. We forecast sales of $397m (up 20...
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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