AMG Reports Record-Setting Earnings for the Full Year 2023

Amsterdam, 21 February 2024(1)   Adjusted EBITDA is defined as EBIT adjusted for depreciation and amortization.(1) Free cash flow is defined as cash flows from operating activities less cash flows used in investing activities.(2)   Adjusted EBITDA is defined as EBIT adjusted for depreciation and amortization.(1)   The Company is in the initial development and ramp-up phases for several strategic expansion projects, including the joint venture with Shell, the LIVA Battery System, and the lithium expansion in Germany, which incurred project expenses during the quarter but are not yet operational. AMG is adjusting EBITDA for these exceptional charges.AMG Critical Materials N.V.Michele Fischer[email protected]
(GlobeNewsWire)