AMG Advanced Metallurgical Group N.V. is a multinational company specialized in production and distribution of specialty metals, alloys and other products. The company’s financial situation can be assessed by analyzing its revenue. According to the data provided, AMG had revenues of €197.7 million and €207.6 million in the third quarter of 2020 and in the second quarter respectively. These figures demonstrate that the company has seen an increase in its revenue over the past two quarters despite economic uncertainties caused by Covid-19 pandemic.
This positive trend can be attributed to several factors such as introduction of new products, acquisition of new customers and expansion into international markets. Moreover, the company’s earnings per share (EPS) for 2020 is expected to reach €3.81 which suggests that its management is taking effective measures to improve financial results through efficient cost control tactics and increased productivity. Furthermore, AMG’s stock price has experienced an overall uptrend since January 2020 with an average price increase of 150% over 12 months period from 21.4 EUR/share in January 2020 to 38.36 EUR/share at present day which indicates solid investor confidence in the company’s performance outlook going forward.
Taking into account aforementioned facts, it can be concluded that AMG Advanced Metallurgical Group N.V.’s financial situation is looking quite healthy with increasing revenue performance and strong stock market performance over past 12 months period which indicates favorable future prospects for the business going forward.
