Imerys: new analyst adjustment











Photo credit © Imerys Company


(Boursier.com) — Imerys rose 0.3% to 33.58 euros on Friday, while the group posted record sales and an excellent performance in the first half of 2022… The record turnover of 2,563 million euros thus emerged in increase of 18.7% compared to the first half of 2021, the result of a proactive pricing policy (+16.1%) in the face of inflationary pressures.
Note the sharp rise in current EBITDA to 445 million euros (+11.2% compared to last year). Net income from current operations increased by 19.7% to 189 million euros. Among the latest brokers’ opinions, Berenberg has adjusted its target from 51 to 46 euros, while remaining buying on the file.


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