Brief: Umicore H1 Adjusted EBITDA Down At Eur 393 Mln

Umicore SA

26/07/2024 06:06

July 26 (Reuters) - Umicore SA  UMI.BR :
    * RECONFIRMS IT ANTICIPATES 2024 GROUP ADJUSTED. EBITDA TO
BE
WITHIN A RANGE OF EUR 760 MILLION TO EUR 800 MILLION
    * INTERIM DIVIDEND OF EUR 0.25 PER SHARE ON 21 AUGUST 2024
    * H1 REVENUES (EXCLUDING METAL) EUR 1.8 BILLION VERSUS EUR
1.87
BILLION IN COMPANY-PROVIDED CONSENSUS
    * T IS ANTICIPATED THAT CORPORATE COSTS WILL BE ROUGHLY IN
LINE
WITH PREVIOUS YEAR
    * H1 ADJUSTED EBITDA (INCLUDING ASSOCIATES) EUR 393 MILLION
VERSUS
EUR 398.5 MILLION IN COMPANY-PROVIDED CONSENSUS
    * CAPITAL EXPENDITURES FOR FULL YEAR 2024 WILL BE BELOW EUR
650
MILLION
    * H1 ADJUSTED NET PROFIT (GROUP SHARE) EUR 118 MILLION
VERSUS
CONSENSUS EUR 137.5 MILLION IN COMPANY-PROVIDED CONSENSUS
    * H1 ADJUSTED EPS EUR 0.49 VERSUS EUR 0.58 IN
COMPANY-PROVIDED
CONSENSUS
    * H1 ADJUSTED EBIT (INCLUDING ASSOCIATES) EUR 241 MILLION
VERSUS
EUR 243.7 MILLION IN COMPANY-PROVIDED CONSENSUS
    * H1 NET FINANCIAL DEBT EUR 1.43 BILLION VERSUS EUR 1.24
BILLION
IN COMPANY-PROVIDED CONSENSUS

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