Imerys : Time heals
>Feedback from road show with CFO in the US - We organised road shows in New York, Boston and Chicago with the CFO, Olivier Pirotte and Vincent Gouley (IR). Takeaways: 1/ trends in Q4 should remain broadly in line with Q3 with possible additional destocking effect at the end of the year, 2/ the slowdown in demand is likely to lead to cost-cutting measures, in addition to the € 100m plan that has already been announced, 3/ the talc litigation issue in the US remains a ...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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