Report
Martijn Den Drijver

AMG : Raises 2022 EBITDA to $175-200m, Lithium CMD announced

>Upped 2022 EBITDA guidance - AMG is increasing its 2022 EBITDA guidance from at least $150m to $175-$200m due to positive market conditions in lithium and favourable conditions in other businesses (we assume aerospace). Currently, Bloomberg consensus stands at $191m versus our estimate of $201m. Given the range used by AMG and where consensus currently stands, it does not seem likely that 2022 EBITDA consensus will move up considerably. Lithium remains k...
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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