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AMG Critical Materials
Revenue By End Market
From the CEO
On behalf of the Management Board, I hereby present AMG’s 2018 Annual Report. As a summary, we are pleased to declare 2018 the most successful year in AMG’s history, measured in a variety of ways.
Annual Ebitda Progression
Annual Roce Progression
AMG CRITICAL MATERIALS REVENUE INCREASED 29% IN 2018 AND GENERATED A 90% INCREASE IN EBITDA TO $190.1 MILLION.
AMG Critical Materials’ revenue increased by 29% in 2018, to $1.0 billion, thanks to a combination of improved pricing and higher sales volumes. Within the division, revenue increased in seven of AMG’s eight critical materials business units.
AMG’S ENGINEERING DIVISION INCREASED GROSS PROFIT BY 14% , FROM $64.8 MILLION IN 2017 TO $73.7 MILLION IN 2018, AND DELIVERED A 17% IMPROVEMENT IN YEAR-END ORDER BACKLOG.
Strong demand from the US market-primarily driven by the high order backlog for passenger aircraft and the need for efficient, environmentally friendly aircraft engines-was matched by strong demand from the Asian market and led to the highest order intake since 2008.
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