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United Kingdom

Umicore SA (UMI.BR)

UMI.BR on Brussels Stock Exchange

27.96EUR
20 May 2019
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Latest Key Developments (Source: Significant Developments)

Umicore CEO Sees No Reason Change Guidance On Battery Materials Capacity Addition
Friday, 8 Feb 2019 

Feb 8 (Reuters) - UMICORE SA ::UMICORE CEO SAYS REMAINS TO BE SEEN WHEN CONSUMER CONFIDENCE WILL IMPROVE IN AUTO SECTOR.UMICORE CFO SAYS THERE WILL BE SIGNIFICANT UPFRONT COSTS RELATED TO BATTERY MATERIALS EXPANSION IN 2019.UMICORE CEO SAYS MOST PRODUCTS WE MAKE ARE HIGHLY SPECIALISED; THE FACT OTHER COS ARE ADDING CAPACITY DOESN'T MEAN IT WILL HAVE AN EFFECT ON MARGINS.UMICORE CEO SAYS ON BATTERY MATERIALS: IN H1 YOU WILL SEE LIMITED IF ANY VOLUME GROWTH FROM NEW LINES.UMICORE CEO SAYS ON BATTERY MATERIALS: "FAIRLY MATERIAL" CAPACITY ADDITION IN CHINA WILL COME ON STREAM IN H2.UMICORE CEO SAYS ON PRECIOUS METALS: WE HAVEN'T TAKEN ANY MATERIAL HEDGES COMPARED TO WHAT WE DISCUSSED RECENTLY.UMICORE CEO SAYS ON COBALT PRICES: MY TAKE IS PRICE DECLINE IS DUE TO SUBSTANTIAL SUPPLY ADDITIONS AND MASSIVE INFLOW OF ARTISANALLY MINED COBALT.UMICORE CEO SAYS ON COBALT PRICES: SUPPLY EFFECT AND INVENTORY EFFECT ARE MAIN FACTORS.UMICORE CEO SAYS DOES NOT SEE REASON CHANGE GUIDANCE ON BATTERY MATERIALS CAPACITY ADDITION.  Full Article

Umicore FY Reccuring EBITDA Misses Company-Compiled Consensus
Friday, 8 Feb 2019 

Feb 8 (Reuters) - UMICORE SA ::REG-UMICORE REACHES HORIZON 2020 TARGETS TWO YEARS AHEAD OF SCHEDULE AND REAFFIRMS UPSIDE POTENTIAL.FY REVENUES OF EUR 3.3 BILLION (+17%*).FY RECURRING EBITDA OF EUR 720 MILLION (+23%*).FY RECURRING EBIT OF EUR 514 MILLION (+29%*).FY RECURRING NET PROFIT (GROUP SHARE) OF EUR 326 MILLION (+22%) AND RECURRING EPS OF EUR 1.36 (+12%).NET DEBT AT EUR 861 MILLION (UP FROM EUR 840 MILLION) PARTLY DRIVEN BY TEMPORARY FACTORS.FY TURNOVER EUR 14.79 BILLION VERSUS EUR 12.28 BILLION YEAR AGO.FY REVENUES EXCLUDING METAL EUR 3.27 BILLION VERSUS EUR 3.42 BILLION IN COMPANY-COMPILED CONSENSUS.FY ROCE OF 15.4% (VERSUS 15.1% IN 2017) IN A PERIOD OF INTENSE INVESTMENTS.FY CAPITAL EXPENDITURES OF EUR 478 MILLION (VERSUS EUR 365 MILLION IN 2017).FY PROPOSED GROSS ANNUAL DIVIDEND OF EUR 0.75 PER SHARE UP FROM EUR 0.70 IN 2017.FY COMPANY-COMPILED CONSENSUS: REVENUES EXCLUDING METAL EUR 3.42 BILLION; RECCURING EBITDA EUR 730.8 MILLION.FY COMPANY-COMPILED CONSENSUS: RECURRING NET PROFIT GROUP SHARE EUR 338.7 MILLION; RECURRING EBIT EUR 512.5 MILLION.FY COMPANY-COMPILED CONSENSUS: NET CASH FLOW BEFORE FINANCING NEGATIVE EUR 386.8 MILLION.REMAIN ON TRACK TO CAPTURE UPSIDE POTENTIAL OF SOME 35% TO 45% OVER AND ABOVE ORIGINAL HORIZON 2020 AMBITIONS WHILE MAINTAINING 15%+ ROCE TARGET AT GROUP LEVEL.MAINTAINS 15%+ ROCE TARGET AT GROUP LEVEL.WE WILL MAKE FURTHER PROGRESS IN EXECUTION OF OUR GROWTH STRATEGY THROUGH 2019.WE EXPECT THAT REBIT GROWTH IN 2019 WILL BE TEMPERED .  Full Article

Reg-Umicore - Half Year Results 2018
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Umicore SA ::REG-UMICORE - HALF YEAR RESULTS 2018.H1 REVENUES OF EUR 1.7 BILLION (+16% OR +23% EXCLUDING DISCONTINUED OPERATIONS).INTERIM DIVIDEND OF EUR 0.35 PER SHARE WILL BE PAID OUT IN AUGUST..H1 RECURRING EBITDA OF EUR 364 MILLION (+23% OR +26% EXCLUDING DISCONTINUED OPERATIONS).H1 NET DEBT AT EUR 429 MILLION CORRESPONDING TO A GEARING RATIO OF 14.1%.H1 RECURRING EPS OF EUR 0.69 (+12%).EXPECTS ITS RECURRING EBIT TO BE IN RANGE OF EUR 510 MILLION TO EUR 550 MILLION FOR FULL YEAR.H1 ROCE OF 16.6% (VERSUS 15.9% IN FIRST HALF OF 2017).H1 RECURRING NET PROFIT (GROUP SHARE) OF EUR 163 MILLION (+22% OR + 28% EXCLUDING DISCONTINUED OPERATIONS).H1 RECURRING EBIT OF EUR 261 MILLION (+28% OR +34% EXCLUDING DISCONTINUED OPERATIONS).SAYS RECURRING NET PROFIT (GROUP SHARE) OF EUR 163 MILLION (+22% OR + 28% EXCLUDING DISCONTINUED OPERATIONS).SAYS NET DEBT AT EUR 429 MILLION CORRESPONDING TO A GEARING RATIO OF 14.1%.AN INTERIM DIVIDEND OF € 0.35 PER SHARE WILL BE PAID OUT IN AUGUST.VAST MAJORITY OF GROWTH IS COMING FROM ENERGY & SURFACE TECHNOLOGIES..: H1 COMPANY-COMPILED POLL: REVENUES EUR 1.61 BILLION, RECURRING EBITDA EUR 357.3 MILLION.: H1 COMPANY-COMPILED POLL: RECURRING EBIT EUR 250.1 MILLION, RECURRING NET PROFIT EUR 164.5 MILLION.ENERGY & SURFACE TECHNOLOGIES : REVENUES IN THE SECOND HALF SHOULD BE HIGHER THAN IN THE FIRST HALF OF THE YEAR.CAPITAL EXPENDITURE AMOUNTING TO € 198 MILLION IN THE FIRST HALF OF THE YEAR.  Full Article

Cie Du Bois Sauvage Subscribed To The Capital Increase Of Umicore
Friday, 9 Feb 2018 

Feb 9 (Reuters) - COMPAGNIE DU BOIS SAUVAGE SA ::REG-CIE DU BOIS SAUVAGE: SUBSCRIPTION TO THE CAPITAL INCREASE OF UMICORE.‍360,000 SHARES WERE ALLOCATED TO COMPAGNIE DU BOIS SAUVAGE FOR AN AMOUNT OF EUR 14.3 MILLION​.SUBSCRIBED TO CAPITAL INCREASE OF UMICORE WHICH WAS COMPLETED THIS THURSDAY, FEBRUARY 8 2018.AS A RESULT OF THIS SUBSCRIPTION, COMPANY WILL DIRECTLY AND INDIRECTLY OWN 4,370,000 UMICORE SHARES.  Full Article

Umicore Successfully Completes 892 Million Euros Equity Placement
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - UMICORE SA ::UMICORE SUCCESSFULLY COMPLETES € 892 MILLION EQUITY PLACEMENT.HAS PLACED 22,400,000 NEW SHARES WITH INSTITUTIONAL INVESTORS AND OTHER INVESTORS.PRICE OF € 39.80 PER SHARE.NEW SHARES REPRESENT 10% OF THE NUMBER OF OUTSTANDING SHARES PRIOR TO THE TRANSACTION..CLOSING, IS EXPECTED TO TAKE PLACE ON 12 FEBRUARY 2018.J.P. MORGAN SECURITIES PLC ACTED AS SOLE GLOBAL COORDINATOR AND JOINT BOOKRUNNER.DEUTSCHE BANK AG, LONDON BRANCH ACTED AS JOINT BOOKRUNNER, BNP PARIBAS FORTIS SA/NV ACTED AS JOINT LEAD MANAGER.CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK, ING BELGIUM SA/NV AND KBC SECURITIES SA/NV ACTED AS CO-LEAD MANAGER.  Full Article

Books Covered On Umicore Placing -Bookrunner‍​
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - UMICORE SA : BOOKRUNNER::BOOKS ARE COVERED ON UMICORE PLACING‍​.GROUPE BRUXELLES LAMBERT CONFIRMED IFULL SUPPORT FOR CAPITAL RAISE, INTENDS TO PLACE A SIZABLE ORDER DURING BOOKBUILD.  Full Article

Bookrunner Says Accelerated Bookbuild Offering Of 10 pct Of Existing Share Capital In Umicore
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Umicore Sa : BOOKRUNNER : :UMICORE SA: BOOKRUNNER - ACCELERATED BOOKBUILD OFFERING OF ABOUT 22.4 MILLION PRIMARY SHARES / 10% OF EXISTING SHARE CAPITAL IN UMICORE ‍​.UMICORE SA: BOOKRUNNER - J.P. MORGAN ACTING AS SOLE GLOBAL COORDINATOR AND JOINT BOOKRUNNER.UMICORE SA: BOOKRUNNER - DEUTSCHE BANK ACTING AS JOINT BOOKRUNNER.UMICORE SA: BOOKRUNNER - PROCEEDS OF THE PLACEMENT WILL BE USED TO FUND CO’S GROWTH INVESTMENTS, PARTICULARLY IN CATHODE MATERIALS.UMICORE: BOOKRUNNER-PROCEEDS TO ALLOW PURSUAL OF POTENTIAL BUYS, PARTNERSHIPS TO STRENGTHEN CLEAN MOBILITY MATERIALS AND RECYCLING OFFERING.  Full Article

Materia, Inc. Sells Catalyst Business To Umicore
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - MATERIA INC. ::MATERIA, INC. SELLS CATALYST BUSINESS TO UMICORE <<>>.MATERIA SAYS TRANSACTION IS EXPECTED TO BE COMPLETED IN JANUARY, 2018.  Full Article

Umicore Acquires Two Of Haldor Topsoe’s Activities
Friday, 1 Dec 2017 

Dec 1 (Reuters) - UMICORE SA ::ACQUIRES HALDOR TOPSOE’S HEAVY DUTY DIESEL AND STATIONARY EMISSION CONTROL CATALYST ACTIVITIES.  Full Article

Umicore‍ To Sell European Technical Materials Business To Saxonia Edelmetalle​
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - UMICORE SA ::- ‍AGREEMENT CONCERNS TECHNICAL MATERIALS ACTIVITIES IN GERMANY AND ITALY​.- ‍TO SELL ITS EUROPEAN TECHNICAL MATERIALS BUSINESS TO SAXONIA EDELMETALLE​.‍CLOSING OF TRANSACTION IS EXPECTED IN Q1 OF 2018​.  Full Article

France, Germany to support battery cell consortium including PSA, Saft

BERLIN France and Germany have asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA with its German subsidiary Opel and French battery maker Saft, a German official said on Monday.