Report
Sven Edelfelt

Imerys : Un S1 légèrement plus difficile qu’attendu

>Résultat opérationnel en ligne mais volumes en dessous - Résultat opérationnel S1 2019 légèrement supérieurs à nos attentes (détails en page 2). Il ressort à 245°M€ (-13.6% et -6.7% à pcc) vs ODDO BHF à 244°M€ (pas de consensus) et la marge à 10.8% en recul de 150 pb après un recul de 170 pb au T1. Le groupe a continué de souffrir de ses problèmes dans sa mine américaine de wollastonite (9 M€), de la déconsolidation du Talc US (11 M€) et de la baisse des volumes (51°...
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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