|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||35.50 - 36.33|
|52 Week Range||33.24 - 53.96|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||27.41|
|Forward Dividend & Yield||0.80 (2.26%)|
|1y Target Est||46.18|
In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings Norges Bank has notified Umicore on 13 February 2019 that on 12 February 2019 it has.
Europe needs its own battery supply chain to meet the needs of carmakers as they shift towards electric cars, according to Umicore , the Belgium-based producer of battery materials. Giant battery factories ...
European stocks slipped again on Friday and put an end to five straight weeks of gains as fears about an economic slowdown in the euro zone and a potential full-blown Sino/U.S. trade war added to disappointing earnings from blue chips. Germany's exporter-heavy DAX sustained heavy losses among regional bourses and retreated a little over 1 percent. Markets were hit on Thursday by U.S. President Donald Trump saying he did not plan to meet Chinese President Xi Jinping before a March 1 deadline to achieve a trade deal.
European stocks faltered on Friday after their worst day in six weeks as downgrades to growth forecasts weighed, while weak numbers from Umicore, Skanska, and Rockwool outweighed a sales beat from L'Oreal. ...
Umicore is delivering on its strategy to be the undisputed leader in clean mobility materials and recycling, with its offering of product and process technologies, combined with its closed loop approach and sustainable supply. As part of this strategy, Umicore has won significant new business in the latter half of 2018, which will accelerate its growth in the coming years. For instance, in Automotive Catalysts, Umicore won the largest share of the gasoline platforms requiring particulate filters in Europe and China.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! There are a number of reasons that Read More...
Swedish truckmaker AB Volvo's attempts to cope with a weakening global market are being complicated by problems with a component that do not appear to be affecting its main rivals. Volvo said in October some of its engines could be exceeding emission limits of toxic nitrogen oxides (NOx) because catalytic converters in its emissions after-treatment systems were wearing down more quickly than expected in certain situations. This fuelled speculation that rivals Volkswagen and Daimler could have the same problem, after Volvo said it sourced converters from a single external supplier.
Marc Grynberg has been the CEO of Umicore S.A. (EBR:UMI) since 2008. This analysis aims first to contrast CEO compensation with other large companies. After that, we will consider the Read More...
In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings BlackRock, Inc. has notified Umicore on 7 January 2019 that on 4 January 2019 it has.
A look at the shareholders of Umicore S.A. (EBR:UMI) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders Read More...
In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings, Groupe Bruxelles Lambert and its affiliated entities notified Umicore on 7 December.
In this article, I will take a look at Umicore SA’s (EBR:UMI) most recent earnings update (30 June 2018) and compare these latest figures against its performance over the past Read More...
German chemicals giant BASF (BASFn.DE) is betting on a new recipe for electric car batteries which stretches the time between charges while cutting dependence on nickel to help shave costs and grab more of a growing market. It is part of flurry of activity in the sphere of cathodes materials, a major component of battery cells for an anticipated switch to electric vehicles (EV) due to clean air regulation. At the moment BASF and others, including Belgium's Umicore (UMI.BR), a market leader, are boosting the nickel content to allow more energy storage and replace expensive cobalt, which is largely sourced from mines in Congo, where exploitation is rife.
About 500,000 electric vehicles (EVs) were sold globally in 2016, a figure that is expected to jump sevenfold by 2022, according to the U.S. Energy Information Administration. One such company, California-based Sila Nanotechnologies, aims to have its technology in over a million electric vehicle (EVs) batteries by the middle of the next decade, Chief Executive Gene Berdichevsky said in an interview.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll look at Umicore SA’s (EBR:UMI) P/E ratio and reflect on what Read More...
Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters. The measures, expected to be announced next week, are designed to reduce the dependence of German carmakers on Asian electric vehicle (EV) battery suppliers and protect German jobs at risk from the shift away from combustion engines. Berlin's push to shape industrial policy marks a break with its generally "hands off" approach to business decisions and is part of European efforts to forge battery alliances to counter the dominance of Chinese, Japanese and Korean firms.
German carmaker BMW (BMWG.DE) will deepen cost cuts after higher development expenses contributed to a 27 percent drop in third-quarter operating profit, falling short of analyst expectations as currency effects also took a toll. Capital expenditure will rise again in the fourth quarter, BMW said, owing to the start of production for a new version of its flagship model, the BMW 3 series. "Additional measures will be needed to support our profitability targets," Chief Financial Officer Nicolas Peter said in a call to discuss earnings, without giving details.
German carmaker BMW on Wednesday reported a 27 percent drop in third-quarter operating profit to 1.75 billion euros ($2 billion), missing analyst expectations amid currency headwinds and higher research and development expenses. BMW shares fell 2.6 percent in early Frankfurt trade. BMW said that despite a slight rise in deliveries of luxury cars, its operating return on sales for the automotive division narrowed to 4.4 percent from 8.6 percent a year earlier, well below its targeted range of 8 to 10 percent.
FRANKFURT/MOSCOW (Reuters) - Germany's BASF (BASFn.DE) and Russia's Norilsk Nickel (Nornickel) (GMKN.MM) have signed a nickel and cobalt supply deal to address growing demand for batteries to power electric vehicles, they said on Monday. The agreement between BASF and Nornickel, the world's second largest nickel producer and a major cobalt maker, highlights the burgeoning market for metals needed for battery production. It could also provide fresh impetus to European efforts to create local battery cell manufacturing capacity - a market that is so far dominated by Chinese and Korean firms.
Sweden's Northvolt has secured a partnership with German carmaker BMW and is seeking more funds from the European Investment Bank (EIB) to help its plans to build Europe's largest battery factory. The firm's new plant is seen as central to Europe's effort to compete with Asian rivals such as CATL, Samsung and LG Chem, which have gained a lead in the battery market by locking in supply deals with carmakers. Northvolt said on Monday it had teamed up with BMW and Belgian materials and recycling firm Umicore to design and commercialise a process that would give vehicle batteries a second lease of life as storage products before recycling them.
(Reuters) - BMW (BMWG.DE) is partnering with Swedish battery company Northvolt and Belgian materials and recycling group Umicore (UMI.BR) on a project to create a sustainable life cycle for batteries, ...