Imerys: Q2 earnings up 66%

(CercleFinance.com) - Imerys has reported Q2 sales of E992m, up 2.
1% organically.

Meanwhile, Q2 adjusted EBITDA came in at E197m, up 13.6% y-o-y, for underlying operating income of E129m (+14.4%) and net income, group share of E73m, up 66.2%.

Now well refocused, our portfolio is positioned to supply booming markets with significant growth potential. Our financial strength and a more favourable economic environment enable us to move forward with renewed confidence in our strategic roadmap, management commented.

For 2024, Imerys is targeting adjusted EBITDA of E670m to E690m, compared with the E668m of FY 2023, which includes the contribution of assets dedicated to the paper market, sold in July 2024.


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