Today Umicore published its Annual Report for 2012. The report offers a fully integrated view of Umicore’s economic, environmental and social performance and focuses on those areas that are really material to its business.
Umicore posted a solid full year performance against a backdrop of slowing demand. Revenues grew by 5% year-on-year, primarily due to increased sales volumes in the Catalysis and Recycling business groups. Recurring EBITDA was 5% lower. The…
Umicore’s revenues were up 2% compared to the same period in 2011. The slowdown in the global economy was more pronounced in the third quarter with a number of end markets affected by lower demand. Visibility on customer orders has also decreased.
Umicore recorded record earnings in 2011, both in terms of recurring EBIT and earnings per share. The year-onyear growth of the recurring EBIT was driven by the catalysis business, which outpaced the automotive market growth, and the recycling…