Umicore: 2022 adjusted EBITDA down 8%

(CercleFinance.com) - On Thursday Umicore reported solid performance for 2022, in particular with revenues of 4.
2 billion euros, up 10% y-o-y.

Adjusted EBITDA reached 1,151 million euros, down 8% y-o-y, reflecting increased spending on innovation and growth readiness, inflation, less favourable precious metals costs and price levels.

Adjusted net income, group share, reached 593 million euros, while adjusted EPS was 2.47 euros, for operating free cash flow of 344 million euros.


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