Imerys: net attributable income down 8.7%
(CercleFinance.com) - Imerys' Q1 sales came in at 1,124 million euros, a tad down (-0.
5% as reported and +1.1% restated for the deconsolidation of the North American subsidiaries of talc since 14 February 2019) compared to the same period of 2018.
The group's underlying operating income amounted to 109.6 million euros, down 15.4% compared to the first quarter of 2018. Net income from current operations reached 75.1 million euros, down 2.6%.
Net income, group share amounted to 67.2 million euros, down 8.7%.
"The Group will continue to sustain its performance by giving priority to cost reduction and cash generation," management said.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
5% as reported and +1.1% restated for the deconsolidation of the North American subsidiaries of talc since 14 February 2019) compared to the same period of 2018.
The group's underlying operating income amounted to 109.6 million euros, down 15.4% compared to the first quarter of 2018. Net income from current operations reached 75.1 million euros, down 2.6%.
Net income, group share amounted to 67.2 million euros, down 8.7%.
"The Group will continue to sustain its performance by giving priority to cost reduction and cash generation," management said.
Copyright (c) 2019 CercleFinance.com. All rights reserved.