Umicore’s Q2 figures are straight out of a textbook on how scale effects could improve profitability, as Energy & Surface Technologies’ earnings were clearly up despite some still high investments. This was stronger and earlier than expected and additionally helped by more favourable FX prices. Consensus looked to be broadly met.
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Electrified batteries
Umicore’s Q2 figures are straight out of a textbook on how scale effects could improve profitability, as Energy & Surface Technologies’ earnings were clearly up despite some still high investments. This was stronger and earlier than expected and additionally helped by more favourable FX prices. Consensus looked to be broadly met.