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Annual report 2016

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Annual Report 2016

Our story is built around ‘Elements for success’. Download our Annual report PDF below or scroll down to find out how this underpins everything we do at Umicore.

Elements for success

At Umicore, our joined-up business proposition drives shared value for all of our stakeholders.

Our performance

We have set ourselves some challenging strategic targets for 2020. And we are making clear progress.

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Economic results

€2.7bn of revenues

€351m of recurring EBIT

Value chain and society

62% of revenues from clean mobility and recycling

Eco-efficiency

7% improvement in energy effiency vs 2015 benchmark

Great place to work

59 lost time accidents

4.1% of voluntary leavers

CEO and Chairman’s review

Umicore CEO Marc Grynberg and chairman Thomas Leysen look back on 2016, the accomplishments towards Horizon 2020, and take a look at Umicore's future.

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This is underpinned by a strong growth path, driven by global trends, and a sustainable approach.

Global trends

We want to make a difference so our business model and Horizon 2020 strategy are focused on some of the world's most pressing issues.

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At the heart of our approach is our unique closed-loop business model which, combined with our know how, gives us a clear competitive edge.

Creating a competitive advantage

We believe the circular use of resources is essential for sustainable growth. Our business model centres on a shift away from a linear 'take, make, waste' economy.

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Delivering all this are our people, who bring the expertise and focus to address customer needs.

It’s our ability to combine these elements that has defined our success to date and will continue to drive our success in the future.