Imerys: strong increase in current EBITDA to €445 million











Photo credit © Imerys Company


(Boursier.com) — Imerys posts record sales and excellent performance
in the first half of 2022. Record revenue of 2,563 million euros was up 18.7% compared to the first half of 2021, the result of a proactive pricing policy (+16.1%) in the face of pressure inflationary. Note the sharp rise in current EBITDA to 445 million euros (+11.2% compared to last year). Net current income rose by 19.7% to 189 million euros.

Alessandro Dazza, Chief Executive Officer said: “In the first half of 2022, Imerys recorded record sales of €2,563 million and a double-digit increase in sales, prices, current EBITDA and net income. I am very proud of the exceptional performance of our teams, in a turbulent economic and geopolitical context, marked by rising inflation as well as logistical and recruitment difficulties. of the year, as a result of declining consumer confidence and tighter monetary conditions, I remain confident in Imerys’ ability to improve its current EBITDA in 2022 compared to 2021. The sale of our Solutions branch temperature should be an important step in the concentration of the Group’s activities towards the fast-growing specialty minerals that constitute its core business. outlook, we look forward to presenting our 2023-2025 growth strategy at an investor day in the fourth quarter of 2022.”


©2022 Boursier.com






Source link -87