Imerys : A (high temperature) solution to finance lithium operations
>Q2 2022 EBITDA 11% higher than expected - Q2 2022 EBITDA came to € 256m (+17.4%) vs ODDO BHF Securities estimate of € 232m. This performance was primarily fuelled by a strong price effect of € 365m which offset the drop in volumes and the increase in variable costs. The EBITDA margin reached 18.8% in Q2 (vs ODDO BHF Securities estimate: 18.0%), down 100bp after 166bp in Q1 and -320bp in Q4. Underlying net profit in Q2 was € 113m (vs € 85m in Q2 2021).Q2 2022 sal...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.