(AOF) – In the third quarter of 2023, Imerys’ current EBITDA fell by 22.2% to reach 150 million euros. Over this period, its net profit, group share, amounted to 38 million euros. The turnover of the producer of industrial minerals amounted to 918 million euros, a decrease, compared to the same period last year, of 14.2% at constant scope and exchange rates.
Imerys maintains a current EBITDA margin close to 17% over the first nine months of 2023, supported by the fall in variable costs, in particular energy and freight, fixed costs also falling despite inflation, and the dividend contribution of joint ventures and associated companies.
Net profit, group share at the end of September 2023 reached 184 million euros, down 4.9% compared to the same period last year.
Imerys’ turnover for the first nine months of 2023 amounted to 2.9 billion euros, a decrease of 8.5% compared to the same period of last year at scope and rate. constant exchange rates.
Over 9 months, the Group’s sales volumes fell by 13.3%, due to the weakness of its main end markets, the continued destocking of its customers due to a lack of visibility on the economic recovery, and increased competition in certain geographic areas.
In terms of prospects, Imerys plans to be at the bottom of the range of its EBITDA forecast for 2023 of between 630 and 650 million euros, as the company announced on July 27.
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