Umicore - Half Year Results

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Overig advies 17/08/2005 08:29
Highlights
- Financials
- Revenues of EUR 861.1 million
- Recurring EBIT of EUR 127.7 million.
- Non-recurring charges of EUR 39.8 million (EUR 27 million after tax)
relating primarily to restructuring in Zinc Specialties.
- EBITDA of EUR 209.7 million.
- Net financial debt reduced to EUR 428 million.
- Net recurring profit of EUR 83.6 million (representing adjusted EPS of EUR 3.35).

- Business Performance
- Advanced Materials: less supportive conditions in rechargeable batteries.
- Precious Metals Products and Catalysts: continued strong performance.
- Precious Metals Services: significant improvement driven by improved supply.
- Zinc Specialties: strong negative impact of reduced received zinc price in Euro.

- OUTLOOK
- Expectation range for full year recurring EBIT raised to EUR 215 million - EUR 235 million.



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