Financials Umicore

Equities

Market Closed - Euronext Bruxelles Other stock markets 19:55:00 18/07/2025 +04			5-day change	1st Jan Change
15.45 ^EUR	-1.02%		+8.65%	+55.20%

07-10	AlphaValue/Baader Europe Revises Umicore Rating, EPS Forecasts on Upgraded FY25 Guidance	MT
07-09	UMICORE : Well positioned for a cleaner future

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	3,239	3,963	4,155	3,876	3,461	3,537	3,645	3,790
Change	-	22.35%	4.84%	-6.71%	-10.71%	2.19%	3.06%	3.99%
EBITDA ¹	804	1,251	1,151	972	763	809.4	820.5	865.6
Change	-	55.6%	-7.99%	-15.55%	-21.5%	6.08%	1.37%	5.49%
EBIT ¹	536	971.4	865	674	478	517	527.7	563
Change	-	81.23%	-10.95%	-22.08%	-29.08%	8.15%	2.08%	6.69%
Interest Paid ¹	-104.2	-90.3	-122.1	-109	-113.6	-127.3	-128.6	-129
Earnings before Tax (EBT) ¹	195.1	806	710	482	-1,424	394.2	411.2	465.6
Change	-	313.12%	-11.91%	-32.11%	-395.46%	127.68%	4.32%	13.22%
Net income ¹	130.5	619	569.9	385	-1,480	272.8	287.5	313.7
Change	-	374.33%	-7.93%	-32.44%	-484.39%	118.44%	5.4%	9.09%
Announcement Date	11/02/21	16/02/22	16/02/23	16/02/24	14/02/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2
Net sales ¹	1,675	2,150	1,814	2,148	2,093	2,067	1,809	1,804	1,657	1,843	1,673
Change	-	28.36%	-15.63%	18.41%	-2.56%	-1.24%	-12.48%	-0.28%	-8.15%	11.23%	-9.23%
EBITDA ¹	429	762	489	601	550	519	453	393	370	420	390
Change	-	77.62%	-35.83%	22.9%	-8.49%	-5.64%	-12.72%	-13.25%	-5.85%	13.51%	-7.14%
EBIT ¹	293	625	346.3	461	346	373	300	241	237	263.7	269.2
Change	-	113.31%	-44.59%	33.12%	-24.95%	7.8%	-19.57%	-19.67%	-1.66%	11.28%	2.06%
Charge d'intérêts ¹	-59.7	-38.4	-44.1	-47	-77.6	-65.4	-44.4	-56.8	-56.8	-70	-70
Earnings before Tax (EBT)	68.8	540	266	396	314	295.1	186.9	-	-	-	-
Change	-	684.88%	-50.74%	48.87%	-20.71%	-6.02%	-36.67%	-	-	-	-
Net income	39.6	400	218.8	309.1	261	223	162	-1,472	-8	-	-
Change	-	910.1%	-45.3%	41.27%	-15.56%	-14.56%	-27.35%	-1,008.64%	99.46%	-	-
Announcement Date	11/02/21	30/07/21	16/02/22	29/07/22	16/02/23	28/07/23	16/02/24	26/07/24	14/02/25	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	1,414	960	1,104	1,266	1,424	1,874	1,952	1,907
Change	-	-32.11%	15%	14.67%	12.48%	31.58%	4.16%	-2.31%
Announcement Date	11/02/21	16/02/22	16/02/23	16/02/24	14/02/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	391.5	389	491.3	884.8	582.2	446.8	423.6	412.3
Change	-	-0.64%	26.3%	80.09%	-34.2%	-23.25%	-5.2%	-2.66%
Free Cash Flow (FCF) ¹	136.8	989	142.9	157.9	286.5	15.37	164.2	215.9
Change	-	622.95%	-85.55%	10.5%	81.44%	-94.64%	968.65%	31.49%
Announcement Date	11/02/21	16/02/22	16/02/23	16/02/24	14/02/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	24.82%	31.57%	27.7%	25.08%	22.05%	22.89%	22.51%	22.84%
EBIT Margin (%)	16.55%	24.51%	20.82%	17.39%	13.81%	14.62%	14.48%	14.85%
EBT Margin (%)	6.02%	20.34%	17.09%	12.44%	-41.15%	11.15%	11.28%	12.28%
Net margin (%)	4.03%	15.62%	13.72%	9.93%	-42.76%	7.71%	7.89%	8.28%
FCF margin (%)	4.22%	24.96%	3.44%	4.07%	8.28%	0.43%	4.51%	5.7%
FCF / Net Income (%)	104.83%	159.77%	25.07%	41.01%	-19.36%	5.63%	57.11%	68.84%
Profitability
ROA	4.19%	3.84%	6.25%	4.49%	-15.27%	2.88%	2.81%	3.06%
ROE	12.5%	23.06%	17.89%	12.46%	9.11%	13.1%	12.52%	12.77%
Financial Health
Leverage (Debt/EBITDA)	1.76x	0.77x	0.96x	1.3x	1.87x	2.31x	2.38x	2.2x
Debt / Free cash flow	10.34x	0.97x	7.73x	8.02x	4.97x	121.92x	11.89x	8.83x
Capital Intensity
CAPEX / Current Assets (%)	12.09%	9.82%	11.82%	22.83%	16.82%	12.63%	11.62%	10.88%
CAPEX / EBITDA (%)	48.69%	31.1%	42.68%	91.03%	76.3%	55.2%	51.63%	47.64%
CAPEX / FCF (%)	286.18%	39.33%	343.81%	560.35%	203.21%	2,907.7%	257.95%	190.95%
Items per share
Cash flow per share ¹	2.185	5.218	2.635	4.337	3.61	2.255	2.416	2.528
Change	-	138.8%	-49.5%	64.6%	-16.76%	-37.55%	7.14%	4.64%
Dividend per Share ¹	0.25	0.8	0.8	0.8	0.8	0.4977	0.5316	0.5182
Change	-	220%	0%	0%	0%	-37.79%	6.82%	-2.52%
Book Value Per Share ¹	10.63	12.91	14.64	15.23	8.06	8.922	9.599	10.4
Change	-	21.45%	13.4%	4.03%	-47.08%	10.7%	7.58%	8.36%
EPS ¹	0.54	2.56	2.37	1.6	-6.15	1.134	1.204	1.322
Change	-	374.07%	-7.42%	-32.49%	-484.38%	118.45%	6.1%	9.84%
Nbr of stocks (in thousands)	240,535	241,183	240,092	240,400	240,481	240,481	240,481	240,481
Announcement Date	11/02/21	16/02/22	16/02/23	16/02/24	14/02/25	-	-	-