Umicore's Sustainability and Financial Report
Condensed consolidated P&L
Solid net result
€ Million
2021
2022
Adjusted EBITDA
1,251
1,151
- Depr. & Amortization
(280)
(286)
Adjusted EBIT
971
865
- Adj net finance cost
(100)
(125)
- Adjusted Tax
(196)
(145)
Adjusted net result
675
595
- Minorities
(8)
(2)
Adjusted net result Group share
667
593
Adjusted EPS
2.77
2.47
Adjustments to EBIT(DA)
(75)
(32)
Adjustments to net result Group share
(49)
(23)
Net result Group share
619
570
umicore
Increase in adj. net financial cost,
reflecting higher net interest charges,
in particular on short term loans, and
somewhat higher FX-related
costs
Lower adj. tax charges from lower
taxable profit and lower adj. effective
group tax rate
(20.0% vs 23.1%).
Limited € -32 million adjustments to
EBIT, mainly linked to environmental
provisions
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