Q1 2021 Business Update
29 April 2021
Agenda
Q1 2021 Business update
2021 Outlook
Maintaining the strategic course
Accelerating health & safety investments
Q&A
Umicore Q1 2021 Business Update 29 April 2021 | 2 |
Q1 2021 business update
Umicore Q1 2021 Business Update 29 April 2021 | 3 |
Umicore off to a very strong start
Benefiting from soaring precious metal prices,
strong demand across businesses and robust operations
CATALYSIS
Substantially outperformed global car market
- Market share gains in China and Europe LDV
- Favorable mix
Strong demand for China V catalyst technologies in HDD
Growth in PMC and FCSC Higher PGM prices
Impact of footprint optimization and cost improvements carried out in 2020
ENERGY & SURFACE
TECHNOLOGIES
Strong growth of cathode materials sales
Strong demand in Europe, benefiting sales mix
Continued overcapacity in cathode materials industry in China, resulting in pricing pressure
Higher demand in CSM and
MDS
RECYCLING
Soaring precious metal prices, in particular rhodium
Volume growth and robust operations across BUs and regions
Higher intake of complex PGM- containing materials
Sustained high demand for investment products and gold recycling in JIM
Favorable trading conditions in
PMM
Umicore Q1 2021 Business Update 29 April 2021 | 4 |
2021 outlook
Umicore Q1 2021 Business Update 29 April 2021 | 5 |
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Umicore NV published this content on 29 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2021 08:00:06 UTC.