Umicore ups profit outlook after strong performance in cathode unit

July 29 (Reuters) – Belgian chemicals and battery materials company Umicore (UMI.BR) raised a key earnings forecast on Friday on the back of a strong performance in its EST unit which makes cathodes for electric vehicles, boosting its shares more than 7% to a one-month high. The group said it now sees full-year adjusted operating …

Umicore ups profit outlook after strong performance in cathode unit Read More »