Umicore SA (NVJP.SG)
- Investing.com
Umicore shares rise after JPMorgan unveils double upgrade of materials tech group
Investing.com -- Brussels-listed shares in Umicore SA (EBR:UMI) were trading higher by more than 4% on Wednesday after analysts at JPMorgan upgraded their rating of the maker of catalytic converters and battery materials to "Overweight" from "Underweight."
- Investing.com
Battery materials group Umicore slashes outlook amid EV demand slowdown
Investing.com -- Brussels-listed shares in Umicore (EBR:UMI) slumped by more than 7% on Wednesday after the Belgian metal recycling group slashed its 2024 profit guidance.
- GlobeNewswire
Umicore: Slowdown in EV growth significantly impacts 2024 outlook for Umicore’s Battery Materials activities
Slowdown in EV growth significantly impacts 2024 outlook for Umicore’s Battery Materials activities Against the backdrop of a sharp slowdown in the growth of demand for EVs impacting the entire supply chain, customers’ demand projections for Umicore’s battery materials have steeply declined in recent weeks. Consequently 2024 volumes for its battery materials could be equal or slightly lower than last year. In this context, Umicore lowers its full year 2024 guidance for the Battery Materials Busi
