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AMG Critical Materials N.V.

AMG Critical Materials N.V.

Below you will find information from the register publication of inside information. The information has been provided by the organisation.

Registration date 18 mar 2009 - 07:03
Statutory name AMG Critical Materials N.V.
Title AMG achieves record year despite challenging fourth quarter
Comments Key Highlights Revenue increased 8% in the fourth quarter 2008 compared to the fourth quarter 2007; full year revenue increased 31% to $1,517.9 million EBITDA[1] decreased 73% in the fourth quarter 2008 compared to the fourth quarter 2007; full year EBITDA increased 55% to $185.3 million EPS on a fully diluted basis decreased to a loss of ($1.96) compared to the fourth quarter 2007 of $0.66; full year EPS, excluding non-recurring charges, increased to $2.00 Advanced Materials' fourth quarter revenue decreased 16% compared to the fourth quarter of 2007; EBITDA decreased to ($13.3) million after the $20.5 million inventory write down Engineering Systems' fourth quarter revenue improved by 2% and EBITDA decreased by 18% compared to the fourth quarter of 2007 Timminco's fourth quarter revenue increased by 60% compared to the fourth quarter 2007 and EBITDA increased to $4.7 million in the fourth quarter of 2008 Graphit Kropfmühl contributed $26.9 million to revenue and $0.6 million to EBITDA during the fourth quarter 2008 As of 31 December 2008 cash on hand of $143.5 million, net debt of $88.6 million; $167.1 million full year 2008 free cash flow [2]