Imerys: in the red after interim results

(CercleFinance.com) - The Imerys stock is down 1.
6% today, even though the group published H1 2018 net income, group share that is up 12.7% at 194.1 million euros, as well as underlying operating income that is up 7.7% at 283.8 million euros.

Revenues came in at 2,310.5 million euros, up 11.9%, reflecting like-for-like (pro-forma) growth of 5.3%, particularly reflecting a positive price-mix effect in all divisions, which reached 3.7%.

On the strength of its H1 performance, the mineral specialties group is confident in its ability to post around 7% growth in its underlying earnings on a pro-forma basis, with unchanged market conditions and at constant currencies.



Copyright (c) 2018 CercleFinance.com. All rights reserved.