Imerys : Grasping the nettle
>A plan of action for the COVID-19 pandemic - To offset the financial impact of the situation, Imerys has launched an action plan in all countries. The group is counting on: 1/ a reduction in fixed costs and overheads of € 70m1e130m in 2020 (on top of the € 100m in the Connect & Shape plan); 2/ a reduction in capex to € 250m relative to the standard range of € 300-350m; 3/ a reduction in the net working capital requirement at least in line with the level of activity th...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).
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.
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