AT A GLANCE: 'Record year' for Umicore despite automotive downturn

February 12, 2021 / www.metalbulletin.com / Article Link

A summary of Belgian battery materials company Umicore's results for the full year of 2020 as stated in its report published on Thursday February 11.

Record year for earnings and in the recycling divison. "Strongest financial performance" was buoyed by the recycling division, which showed a 92% increase in earnings before interest, taxes, depreciation, and amortization (Ebitda), thanks to stronger prices for rhodium, palladium and gold. Revenues...

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