Report
Sven Edelfelt

Imerys : Getting to grips with restructuring

>Feedback from the IR road show in Germany - We organised a roadshow in Germany (Frankfurt) with the IR team, Vincent Gouley (head of IR) and Kim Nguyen Meunier (deputy head of IR). The takeaways were: 1/ trends in Q2 are broadly similar to those in Q1 (the consensus and our estimates still look too high); 2/ the transformation plan should get the group back in working order and boost growth; 3/ a transformative acquisition does not seem to be on the agenda; and 4/ th...
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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