OverviewSuggest Edit

Umicore is a materials technology and recycling company. It operates Catalysis, Recycling, and Energy and Surface Technologies business units. The Catalysis business unit offers automotive catalysts and precious metals chemistry products. The Recycling business unit is engaged in precious metals refining and management and provides jewelry and industrial metals. The Energy and Surface Technologies business unit offers rechargeable battery, electro-optic, electroplating, cobalt, and specialty materials. The company serves energy, automotive, recycling, chemicals, manufacturing, optics, displayed, precious metals, and electronics industries.
TypePublic
Founded1989
HQBrussel, BE
Websiteumicore.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)11,152(+8%)
Revenue (FY, 2019)€17.5 B(+28%)
Share Price (Nov 2020)€34.9 (+3%)
Cybersecurity ratingBMore

Key People/Management at Umicore

Marc Grynberg

Marc Grynberg

Chief Executive Officer, Executive Director
Filip Platteeuw

Filip Platteeuw

Chief Financial Officer
An Steegen

An Steegen

Chief Technology Officer
Mark Caffarey

Mark Caffarey

President Umicore USA
Atsuya Hanazawa

Atsuya Hanazawa

President Umicore Japan
Dong-Joon Ihm

Dong-Joon Ihm

Executive Chairman Umicore Korea
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Umicore Office Locations

Umicore has offices in Brussel, Antwerpen, Brugge, Olen and in 58 other locations
Brussel, BE (HQ)
Broekstraat 31
Antwerpen, BE
Adolf Greinerstraat 14
Brugge, BE
Kleine Pathoekeweg 82
Olen, BE
Watertorenstraat 33
Derrimut, AU
Calarco Drive 49 Unit 1 Vic.
Americana Neighborhood, BR
Av. São Jerônimo, 5000 - Morada do Sol
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Umicore Financials and Metrics

Umicore Revenue

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Umicore's revenue was reported to be €17.49 b in FY, 2019 which is a 27.5% increase from the previous period.
EUR

Revenue (H1, 2020)

10.0b

Gross profit (H1, 2020)

912.1m

Gross profit margin (H1, 2020), %

9.2%

Net income (H1, 2020)

92.4m

EBIT (H1, 2020)

172.7m

Market capitalization (13-Nov-2020)

8.1b

Closing stock price (13-Nov-2020)

34.9

Cash (30-Jun-2020)

1.2b

EV

9.5b
Umicore's current market capitalization is €8.1 b.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

11.9b13.7b17.5b

Revenue growth, %

15%27%

Cost of goods sold

10.3b11.9b15.6b

Gross profit

1.6b1.9b1.8b
Half Year
EURH1, 2018H1, 2019H1, 2020

Revenue

6.4b7.6b10.0b

Cost of goods sold

5.4b7.6b9.1b

Gross profit

947.1m(67.8m)912.1m

Gross profit Margin, %

15%(1%)9%
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

168.1m285.1m271.7m

Accounts Receivable

1.1b871.0m1.1b

Inventories

1.6b2.3b2.5b

Current Assets

3.2b3.8b4.2b
Half Year
EURH1, 2018H1, 2019H1, 2020

Cash

630.4m320.9m1.2b

Inventories

1.9b2.1b2.5b

Current Assets

4.1b3.8b5.0b

PP&E

1.4b1.8b2.1b
Annual
EURFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

190.5m244.0m

Inventories

(439.6m)(679.7m)(154.2m)

Accounts Payable

482.4m(54.8m)383.7m

Cash From Operating Activities

153.3m(27.3m)479.2m
Half Year
EURH1, 2018H1, 2019H1, 2020

Cash From Operating Activities

31.3m245.6m249.1m

Purchases of PP&E

(195.6m)(234.8m)(145.5m)

Cash From Investing Activities

(300.9m)(248.3m)(160.6m)

Dividends Paid

(108.2m)(99.6m)(2.2m)
EURFY, 2017

EV/EBIT

29.6 x

EV/CFO

60.3 x

Revenue/Employee

1.2m

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.7 x

P/E Ratio

39.6
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Umicore Operating Metrics

FY, 2017FY, 2018FY, 2019

Production Sites

51 48 50

R&D Centers

14 14 15
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Umicore Acquisitions / Subsidiaries

Company NameDateDeal Size
Allgemeine Gold- und Silberscheideanstalt Aktiengesellschaft
Allgemeine Suisse SA
Anandeya Zinc Oxides Private Ltd.
CP Chemicals Group
Eurotungstene
Exploitatie Maatschappij de Bek B.V.
Imperial Smelting & Refining Co. of Canada Ltd.
Jiangmen Umicore Changxin New Material Co., Ltd.
Laura B.V.
Ögussa Österreichische Gold- und Silber-Scheideanstalt Gesellschaft m.b.H.
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Umicore Revenue Breakdown

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Umicore revenue breakdown by business segment: 15.6% from Energy & Surface Technologies, 60.0% from Recycling, 24.1% from Catalysis and 0.3% from Other

Umicore revenue breakdown by geographic segment: 46.1% from Europe, 22.1% from North America, 27.7% from Asia-Pacific and 4.1% from Other

Umicore Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

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Umicore Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Umicore Online and Social Media Presence

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Umicore News and Updates

Umicore and Apeiron settle metathesis lawsuit

Umicore says it has settled a lawsuit with the Polish firm Apeiron Synthesis over several metathesis catalyst patents. The Belgian company says it has granted Apeiron a license to the patents in exchange for royalties and other compensation.

Bringing next generation germanium recycling solutions to your doorstep

Umicore has worked in close collaboration with AZUR SPACE to develop a tailor-made solution enabling the collection of high concentrates of germanium from very low concentration waste streams.

Umicore and the Circular Economy Initiative Deutschland

Umicore is supporting the overall Circular Economy approach since it is very close to the company’s pioneering closed-loop business model. As a leading materials technology and recycling company, it plays a role in production and process efficiency as well as in the sustainable supply chain, providi…

Umicore streamlines its Cobalt & Specialty Materials activities

As part of the ongoing reassessment of its global production footprint, Umicore plans to streamline its cobalt activities in the business unit Cobalt & Specialty Materials with the aim of strengthening the business unit’s competitive position.

Umicore verhuist deels en schrapt 165 jobs in Olen, vakbond: "Een bom, dit zagen de werknemers niet aankomen"

Umicore schrapt 165 banen tegen 2023 omdat het een deel van zijn kobaltactiviteiten naar Finland gaat verhuizen. Vorig jaar verwierf Umicore er de Kokkola-raffinaderij, en volgens het bedrijf is dat een van de grootste kobaltraffinaderijen ter wereld. Het zou hen toelaten om op grotere schaal te pro…

Opnieuw piek in vervuiling rond Umicore

In de wijk rond de Umicore-site in Hoboken zijn aan het begin van de zomer opnieuw hoge hoeveelheden zware metalen opgetekend, de op één na hoogste meetresultaten van de voorbije drie jaar. Dat schrijft De Morgen.
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Umicore Frequently Asked Questions

  • When was Umicore founded?

    Umicore was founded in 1989.

  • Who are Umicore key executives?

    Umicore's key executives are Marc Grynberg, Filip Platteeuw and An Steegen.

  • How many employees does Umicore have?

    Umicore has 11,152 employees.

  • What is Umicore revenue?

    Latest Umicore annual revenue is €17.5 b.

  • What is Umicore revenue per employee?

    Latest Umicore revenue per employee is €1.6 m.

  • Who are Umicore competitors?

    Competitors of Umicore include BASF Catalysts, Johnson Matthey and Arkema.

  • Where is Umicore headquarters?

    Umicore headquarters is located at Broekstraat 31, Brussel.

  • Where are Umicore offices?

    Umicore has offices in Brussel, Antwerpen, Brugge, Olen and in 58 other locations.

  • How many offices does Umicore have?

    Umicore has 68 offices.