Report
Sven Edelfelt

Imerys : Un T3 solide dans un contexte de ralentissement plus marqué

>EBITDA 4% > ODDO BHF - Imerys a publié des chiffres hors Calderys rendant la publication difficile à lire mais au premier abord seulement. En incluant Calderys, nous estimons l’EBITDA T3 2022 à 224 M€ (+15.5%) vs ODDO BHF à 215 M€ (4% au-dessus). L’EBITDA retraité de la cession de Calderys ressort à 193 M€. Au T3, l’EBITDA a été tiré par un effet prix fort et les effets de change positifs de 44 M€ permettant de compenser le recul des volumes et la hausse des coûts va...
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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