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Umicore’s recycling division suffers from falling metal prices in 2013

Double-digit decline in segment’s revenues and earnings

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(B) – The recycling segment of Belgian metals group Umicore concluded the 2013 financial year with a double-digit decline in sales and earnings. Annual revenue (excluding metal) in the segment fell from €681m to €590m. Recurring earnings before interest and taxes (Ebit) slid by nearly €60m to €200m. The ...

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