IMCD GROUP : Supply chain disruptions are continuing to benefit IMCD
>1Q 2022 recap: strong results, optimism for coming quarter - IMCD benefitted from a strong start to the year, with group revenues of € 1,107m, up 37% YoY and 17% ahead of our estimates. The company noted an FX impact over the period of 5% and an M&A impact of 7%, implying that organic growth was of an impressive 25%. Similarly, gross profit came in at € 277m (+23% vs. estimates), generating a historical high gross profit margin of 25.1%. As previously mentioned, we b...IMCD Group is a specialty chemicals group based in the Netherlands. Co. is engaged in the sale, marketing and distribution of specialty chemicals and food ingredients globally. Co.'s business groups are Detergents, Pharma, Personal Care, Coatings, Food & Nutrition, Lubricants, Synthesis, Plastics and others. Co.'s product offering includes additives, antioxidants, extracts, preservatives, acids, lubricants, oils, softeners, wax, components for oral, topical and vaccine drug formulations, fragrances, pigments, solvents, resins, flavors, herbs and spices, surface active agents, and fillers, among others. Co. maintains offices and warehouses in Europe, Asia Pacific, Africa, the USA and Brazil.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.