Umicore H1 2026 adj. net profit more than doubled to € 273 million; revenue rises 7.1% to € 1.9 billion

• Umicore posted H1 2026 revenue of € 1.9 billion, up 7.1% y/y; adjusted EBITDA climbed 33.5% to € 577 million.
• Adjusted EBIT rose 46.6% to € 442 million; adjusted net profit attributable to shareholders more than doubled to € 273 million.
• Free operating cash flow totaled € 295 million; net debt stood at € 1.5 billion, with net debt/LTM adjusted EBITDA at 1.52x.
• Recycling adjusted EBITDA jumped 36% y/y; Specialty Materials adjusted EBITDA rose 49%, while Catalysis adjusted EBITDA increased 8% on stable revenue.
• Guidance was raised to slightly above € 1 billion in adjusted EBITDA for FY 2026, assuming metal prices broadly in line with June levels.

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