Slight revenue increase for Umicore

Umicore has reported revenues of €2,067 mn for the first half of 2023, a slight increase from figures of €2,063 mn at the same period of 2022.

Revenues in the company’s Catalysis business were €946 mn, up from €897 mn, while the company’s Energy & Surface Technologies business had revenues of €588 mn, a decrease compared to the half year 2022 figures of €631 mn.

Recycling had revenues of €536 mn, a slight decrease from 2022 figures of €537 mn.

“We announced a new organizational structure that will support the significant growth ahead in Battery Materials and have put in place a leadership team with responsibilities aligned to execute and deliver on the key pillars of our strategy,” said Mathias Miedreich, CEO. “We stepped up investments related to innovation and growth while maintaining our commitment to financial discipline and return on investment.”