Report
Martijn Den Drijver

AMG : Preview Q3 2023: lower lithium prices impact profitability

>Lower lithium and vanadium price impacts Q3 2023 profitability - AMG will report Q3 2023 result on November 8 after the close. An analyst call is scheduled for 19h CET the same day. We forecast sales of $379m (css at $389m), which is down 11% yoy and 14% QoQ, which is mainly caused by the steep decline in the realized selling price of spodumene in the quarter ($2.603/mt) vs $3.633 in Q2 2023 and $3.877 in Q3 2022). We forecast an adj. EBITDA of $59.1m or a margin of ...
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

Other Reports on these Companies
Other Reports from Oddo BHF
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David

ResearchPool Subscriptions

Get the most out of your insights

Get in touch