Imerys: heavy decline (-78.4%) in CEO net profit in 2023


(CercleFinance.com) – Imerys publishes a turnover of 3,794 million euros for the 2023 financial year, down 11.4% compared to 2022 (-9% organically).

Current EBITDA stood at 633 ME (-12.2%), with a net current result from continuing activities, Group share of 242 ME, down 12.8%.

In the end, the group’s net profit came to €51 million, down 78.4%.

‘While our main markets have probably reached a low point, we will pull all the levers at our disposal to increase our sales, drawing in particular on our recently increased production capacities and our innovative products for mobility and sustainable energy.’ , commented Alessandro Dazza, the general director.

In this context, the Board of Directors will propose the payment of a
ordinary cash dividend of 1.35 euros per share (compared to 1.50 euros per share paid in 2023), at the AGM of May 14.

As for the outlook, Imerys aims to ‘rigorously’ manage its costs and ‘prioritize growth’, thanks to its new industrial capacities, its innovative products and its exposure to mobility and sustainable energy.

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