Imerys: targets set for 2023-25

(CercleFinance.com) - Ahead of an investor meeting scheduled for this afternoon, the industrial minerals group Imerys has set out its strategic ambitions, including average organic growth of 3% to 5% p.
a. between 2023 and 2025, while improving its underlying EBITDA margin to 18%-20% by 2025.

To this end, the supplier of mineral specialities for industry plans to invest around 400 million euros per year between 2023 and 2025, of which approximately 40% will be for new production capacity in high-growth markets.

In addition, Imerys plans to reduce its CO2 emissions by 42% in absolute terms (tCO2) by 2030, with 2021 as the base year, while maintaining an investment grade rating and an attractive return for its shareholders.


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