Brief: AMG Confirms FY Guidance

AMG Critical Materials NV

03/05/2023 17:18

May 3 (Reuters) - AMG  AMG.AS :
    * LITHIUM OPERATIONS CONTINUE TO DRIVE RECORD EARNINGS
    * ADVANCED METALLURGICAL GROUP NV Q1 REVENUE ROSE 12 PERCENT
TO
$451.0 MILLION
    * REAFFIRMS ITS GUIDANCE FOR FULL YEAR 2023 TO EXCEED $400
MILLION
EBITDA.
    * CASH FROM OPERATING ACTIVITIES WAS $93 MILLION IN Q1 OF
2023
    * REGARDING AMG'S 5-YEAR GUIDANCE, WE ARE ISSUING NEW
GUIDANCE TO
ACHIEVE $650 MILLION EBITDA, OR MORE, IN 5 YEARS OR EARLIER.
    * AMG - LITHIUM CONCENTRATE PRODUCTION EXPANSION PROJECT IN
AMG
BRAZIL IS PROGRESSING AS PLANNED

Source text for Eikon:  ID:nGNX5vfzkC 
Further company coverage:  AMG.AS 

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