Umicore has reported revenues of €3.3 billion in 2018, an increase of 17% from the previous year.
The company said that it won significant new business in the latter half of 2018. For instance, in Automotive Catalysts, Umicore won the largest share of the gasoline platforms requiring particulate filters in Europe and China. Umicore also had an 56% increase in the number of patent family filings compared to the previous year.
‘We have reached the original Horizon 2020 objectives two years ahead of schedule and are on track to achieve our raised ambitions notwithstanding a less favorable macro-economic environment in 2019,’ said Marc Grynberg, CEO. ‘We have the technologies and are expanding our capacity to ensure that we continue to grow and meet the rising demand for our products and services.’
This story uses material from Umicore, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.