As usual, Umicore provided only qualitative comments about the business performance for the first three months and also provided a qualitative outlook, Despite the management’s ambition to be supportive, some more transparency is needed. Making reference to the current consensus is not that helpful as the consensus lacks divisional details.

28 Apr 2023
A fairly decent start, but profitability might have suffered

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A fairly decent start, but profitability might have suffered
- Published:
28 Apr 2023 -
Author:
Martin Schnee -
Pages:
3 -
As usual, Umicore provided only qualitative comments about the business performance for the first three months and also provided a qualitative outlook, Despite the management’s ambition to be supportive, some more transparency is needed. Making reference to the current consensus is not that helpful as the consensus lacks divisional details.