Umicore SA (MEX:UMI)

MXN 430.92 0 (0%) Market Cap: 51.02 Bil Enterprise Value: 79.90 Bil PE Ratio: 0 PB Ratio: 1.19 GF Score: 72/100

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Half Year 2024 Umicore SA Earnings Call Transcript

Jul 26, 2024 / 05:30AM GMT

Release Date Price: MXN430.92

Transcript

Operator

Hello and welcome to the Umicore half-year 2024 results call. My name is Caroline, and I'll be your coordinator for today's event. Today's call is being recorded (Operator Instructions) I will now hand over to you host, Bart Sap, the CEO, to begin today's conference. Please go ahead, sir. Thank you.

Bart Sap

Umicore SA - Chief Executive Officer

Yes, thank you. So good morning, everyone, and welcome to Umicore H1 results update. Today, I think we have a pretty packed and interesting agenda for you. We'll first start off with the strategic review on the battery materials where we stand, but then have a look at the key figures and the highlights of the first half 2024, then we'll go over the business review for the different business groups. Wannes will talk to you about the financials. I'll be coming back with the outlook for 2024, then we'll do a wrap-up, and then it's open for Q&A.

So let me start off by the strategic review for battery materials. Now, there's a new market reality out there and we have to adjust to it. The market context is

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