Umicore's Sustainability and Financial Report
Recycling 2022 | Performance
Stable revenues, adj. EBITDA margin at 48.1%
Revenues (€ m)
1.250
Excellent operational performance, tempered by inflation
headwinds and a less favorable precious metal price environment
Precious Metals Refining
•
Revenues close to 2021 levels with solid volumes
•
Earnings affected by cost inflation, partially offset through efficiencies
•
Limited inflation pass-through options due to global market dynamics
umicore
1.108
1.107
1.000
836
457
681
569
750 626
396
500
300
368
652
250
537
440
327
313
0
2018
2019
2020
2021
2022
Pb in blood and emission values end 2022 at lowest average level ever achieved
Battery Recycling Solutions
.
.
Successful implementation of high efficiency flow sheet and high recovery yields
Good traction: > 5 additional agreements with battery and car OEMs
Adjusted EBITDA (€ m)
& EBIT(DA) margin
700
600
.
Preparations for 150kt battery recycling plant in EU well on track
Jewelry & Industrial Metals
Revenues up, with strong performance across most product lines
Precious Metals Management
57,7%
50,8%
48,1%
36,8%
500
43,3% 236 51,7%
41,8%
31,1%
400
27,6%
275
300
21,5%
202
200
83
143
404
100
222
257
112
107
0
2018
2019
2020
2021
2022
•
Earnings slightly below exceptional 2021 level, reflecting less favorable trading
conditions, in particular for rhodium
H2
H1
● EBITDA margin
EBIT margin
Information as published in the framework of the 2022 FY results.
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