Report
Sven Edelfelt

Imerys : A welcome return to fundamentals

>Feedback from analysts' meeting - Comments on the 2018 annual results available in the Equity Flash of 14 February ("Prisoner of Luzenac’s talc activities out on bail!"), let us remember Conrad Keijer's first analysts' meeting. A confident, transparent and credible speech. Main elements below:Slowdown and base effects - Recap on the slowdown in volumes in Q4, to -2.9% after -0.9% in Q3 and 1.7% in Q2. Management explains this deterioration by: 1/ aut...
Underlying
Imerys SA

Imerys is engaged in the production and the processing of minerals. Co.'s operations can be divided into four business groups: Minerals for Ceramics, Refractories, Abrasives and Foundry (minerals mainly for floor tiles, sanitaryware, porcelain, mobile energy as well as high-temperature and abrasive industries); Performance and Filtration Minerals (plastics, rubber, coatings, sealants and adhesives, health, beauty and filtration of nutrition liquids); Pigments for Paper (filler and coating products for paper) and Materials and Monolithics (construction materials in clay and slate and monolithic products and solutions for high-temperature industries).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Sven Edelfelt

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