Umicore's Sustainability and Financial Report
Catalysis 2022 | Performance
Revenues up 5%, adj. EBITDA margin at 23.6%
→ Record performance, margins well above historical levels
Automotive Catalysts
⚫ Outperformed global car market,
significant market share gains especially in China
Strong operational performance, efficiency gains countering inflation
Catalysis revenues (€ m)
1.750
umicore
1.687
1.776
1.460
1.500 1.360
1.364
1.250
780
879
1.000 652
743
794
750
500
908
897
709
717
250
571
0
2018
2019
2020
2021
2022
Adjusted EBITDA (€ m) & EBIT(DA) margin
•
Passing through inflation, supporting margins
Precious Metals Chemistry
23,8%
23,6%
Revenues increased vs 2021
500
Strong demand, especially for inorganic chemicals in automotive
400
17,4%
18,1%
19,3%
17,2%
19,2%
•
Operational excellence and favorable PGM prices
300
12,7%
12,4%
11,3%
213
160
Fuel Cell & Stationary Catalysts
200
117
139
173
•
Revenues flat vs 2021, impacted by
241
100
206
H1 COVID-19 lockdowns in China
Investing in fuel cell catalyst plant in China
to capture future growth
120
124
61
0
2018
2019
2020
2021
2022
H1
● H2
EBITDA margin
EBIT margin
Information as published in the framework of the 2022 FY results.
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