Umicore : P Preview FY2021 results: Rebuilding trust is key
>2021 results less relevant - Umicore will report FY2021 results on February 16 with the analyst and investor call starting at 09.45h CET. We forecast sales of €3.97bn (consensus at €4.01bn) and an adjusted EBIT of €975m, more or less in line with consensus at €974m and company guidance of an EBIT that will ‘approach’’ €1bn. We forecast an adjusted net profit of €652m versus consensus of €654m. As we are slightly less negative on W/C and pencil in capex of €466m versu...Umicore is global player in the materials technology and recycling industries. Co. focuses on application areas such as chemistry, materials science, metallurgy and recycling. Co.'s business model comprises four segments: Catalysis, Performance Materials, Energy Materials and Recycling. Catalysis focuses on the abatement of global automotive emissions; Performance Materials focuses on materials that help develop more sophisticated and safer products; Energy Materials produces materials used in the production and storage of clean energy including rechargeable batteries and photovoltaics; and Recycling treats complex waste streams containing precious and other non-ferrous metals.
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.
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