Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Belgium
  4. Euronext Bruxelles
  5. Umicore
  6. News
  7. Summary
    UMI   BE0974320526

UMICORE

(UMI)
  Report
Real-time Euronext Bruxelles  -  11:35 2022-11-30 am EST
34.20 EUR   -0.06%
11/30Umicore : Transparency notification by BlackRock, Inc.
AQ
11/25Umicore completes EUR591 million sustainability linked private debt placement
AQ
11/24Umicore completes EUR 591 million sustainability linked private debt placement
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies
Days
:
Hours
:
Minutes
:
Seconds

Trending: Umicore Forms Battery Materials JV With Volkswagen's PowerCo

09/27/2022 | 06:50am EST

1033 GMT - Umicore SA is among the most mentioned companies across news items over the past 12 hours, according to Factiva data, after the Belgian company on Monday announced more details for a joint venture with Volkswagen AG's battery company, PowerCo. With an investment of EUR3 billion, the joint venture will produce battery materials from 2025 and will have an annual production capacity large enough to power about 2.2 million full-electric vehicles by the end of the decade. The production of the joint venture will cover two thirds of Volkswagen's need for cathodes and will initially supply the German car maker's facility in Salzgitter, ING analyst Stijn Demeester said in a research note. The deal marks a major milestone for the Brussels-based materials technology company and is a major vote of confidence in its competitive position, Citi analysts said in a research note. Volkswagen and Umicore first announced their collaboration in December last year. Dow Jones & Co. owns Factiva. (pierre.bertrand@wsj.com)


(END) Dow Jones Newswires

09-27-22 0649ET

Stocks mentioned in the article
ChangeLast1st jan.
SALZGITTER AG -0.79% 27.72 Delayed Quote.-11.78%
UMICORE -0.06% 34.2 Real-time Quote.-4.34%
VOLKSWAGEN AG 1.49% 139.9 Delayed Quote.-21.17%
All news about UMICORE
11/30Umicore : Transparency notification by BlackRock, Inc.
AQ
11/25Umicore completes EUR591 million sustainability linked private debt placement
AQ
11/24Umicore completes EUR 591 million sustainability linked private debt placement
AQ
11/24Umicore Closes $616 Million Sustainability-linked Debt Offering
MT
11/24Umicore completes Ç 591 million sustainability linked private debt placement
AQ
11/24Umicore SA Completes €591 Million Sustainability Linked Private Debt Placement
CI
11/18Umicore - Transparency notification by BlackRock, Inc.
AQ
11/18Umicore : obtains SBTi validation for its 2030 greenhouse gas emission reduction targets
PU
11/18Volkswagen in talks with pre-IPO investors for battery unit - sources
RE
11/08Umicore - Our journey to decarbonization
AQ
More news
Analyst Recommendations on UMICORE
More recommendations
Financials
Sales 2022 4 199 M 4 330 M 4 330 M
Net income 2022 566 M 584 M 584 M
Net Debt 2022 1 239 M 1 278 M 1 278 M
P/E ratio 2022 14,8x
Yield 2022 2,30%
Capitalization 8 211 M 8 468 M 8 468 M
EV / Sales 2022 2,25x
EV / Sales 2023 2,23x
Nbr of Employees 11 350
Free-Float 81,5%
Chart UMICORE
Duration : Period :
Umicore Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends UMICORE
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Last Close Price 34,20 €
Average target price 35,83 €
Spread / Average Target 4,78%
EPS Revisions
Managers and Directors
Mathias Miedreich Chief Executive Officer
Wannes Peferoen Chief Financial Officer
Thomas Leysen Non-Executive Chairman-Supervisory Board
Ann Steegen Chief Technology Officer
Patrick Vermeulen Senior Vice President-Information Systems
Sector and Competitors
1st jan.Capi. (M$)
UMICORE-4.34%8 468
ECOLAB INC.-37.99%41 274
SIKA AG-38.77%37 588
ALBEMARLE CORPORATION15.51%31 634
GIVAUDAN SA-34.77%30 299
EMS-CHEMIE HOLDING AG-36.78%15 860