Report
Chaima Ferrandon ...
  • Sven Edelfelt

Imerys : Q4 beats expectations with more importantly an exceptional dividend!

>Q4 EBITDA 6% > consensus and dividend of € 3.85 of which € 2.3 exceptional - Q4 2022 EBITDA came to € 152m (+14.5%), fully in line with our expectations and 6% above the consensus (€ 144m including our estimate and that of Bloomberg at € 136m). Over the full year, EBITDA came to € 720m, slightly above the range announced in H1/Q3 of € 690-710m (excluding Calderys). Over the full year, EBITDA was driven by a strong price effect (€ 704m) offsetting the increase in vari...
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
Chaima Ferrandon

Sven Edelfelt

ResearchPool Subscriptions

Get the most out of your insights

Get in touch