Umicore's Sustainability and Financial Report
Horizon 2020 strategy drove step-change
Doubled in size earnings, capital employed and value
umicore
2015
-
STEP CHANGE
2021
CAGR 2015-2021
adj EBITDA
Workforce ('000)
8.8
+ 26 %
11.1
+25%
+21%
+20%
+18%
Revenues (€ bn)
2.3
x 1.7
4.0
+15%
adj EBITDA (€ bn)
0.47
x 2.7
1.25
+10%
+5%
Average Capital Employed (€ bn)
2.2
x 2.0
4.4
Im
+15% +15%
+0%
Group
CAT
E&ST
REC
Enterprise Value (€ bn)
4.5
x 2.1
9.6
Market Cap (€ bn)
4.2
x 2.1
~ 15 %
8.6
+13 % +12% +15 % +14 %
2021 at average 2020
precious metal prices
Doubled size of the Group
driven by strong underlying
market growth and
accelerated by metal prices
Substantial growth
investments, yet to
generate full payback
potential
annual TSR
Strong double digit
shareholder returns
(with increased volatility
in recent years)
Balanced earnings
growth across different
business groups
Enterprise Value and Market Cap calculated end of calendar year
TSR = Total Shareholder Return = Market Cap accretion (eoy) + dividend payout
Workforce = fully consolidated entities
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