Umicore Sa · EURONEXT:UMI
Umicore Sa — Q1 2010 Earnings Presentation
7 slides from Umicore Sa's earnings presentation, 2010
Slide 1: Q1 Update 2010
Q1 Update 2010
Slide 2: Q1 overview
Q1 overview • Umicore performed very well in the first quarter of 2010 • Revenues up by 17% year-on-year and also showed a strong improvement on Q4 2009 • The full benefits of the cost reduction measures are now being felt • The improvements in the business environment, coupled with metal price incr
Slide 3: Q1 business summary
Q1 business summary • Advanced Materials revenues up 16% • Improvements in all Cobalt and Specialty Materials activities • Strong sales of Ge substrates; optics sales slightly lower compared to strong 2009 • Recovery in Element Six Abrasives • Precious Metals Products and Catalysts revenues up 29% •
Slide 4: Q1 business summary
Q1 business summary • Precious Metals Services revenues up 9% • Buoyant supply conditions, leading to a much improved mix • Higher spot metal prices both for pgms and other metals • By-product prices have also improved • Zinc Specialties revenues down 6% • Some improvement in overall demand for zinc
Slide 5: Outlook
Outlook • Based on the first quarter performance and assuming current market conditions continue to prevail, Umicore expects full year recurring EBIT to be in the range of ¤ 260 million to ¤ 290 million. • This reflects improving demand in most segments, buoyant supply conditions in Precious Metals
Slide 6: Capital Markets Day
Capital Markets Day • Programme • Company strategy update • Focus on Recycling Solutions • Site visit • Date: 18-19 November 2010 • Location: Hoboken, Belgium 6
Slide 7: Forward-looking statements
Forward-looking statements This presentation contains forward-looking information that involves risks and uncertainties, including statements about Umicore’s plans, objectives, expectations and intentions Readers are cautioned that forward-looking statements include known and unknown risks and are s