Report
Martijn Den Drijver

AMG : Quarterly metal model update – little impact 2023, modest impact 2024-2025

>2023 EBITDA remains in the guided for range - As is standard operating procedure we update our model now that calendar Q3 2023 has ended. This means putting the actual average prices in our model for lithium, vanadium and tantalum instead of using projected prices minus a 25% discount. We have also had a call with the AMG CFO about the developments at Cambridge I/II and the expansion of the lithium capacity in Brazil, which we have incorporated. The effect on our 202...
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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