Brief: Imerys 2022 Revenue Rises to EUR 4,282 Mln, Up 16.8% YoY

Imerys SA

16/02/2023 17:31

Feb 16 (Reuters) - Imerys SA  IMTP.PA :
    * FY REVENUE AT EUR 4,282 MILLION (+16.8%), WITH ORGANIC
GROWTH AT
12.5% VERSUS LAST YEAR
    * FY CURRENT EBITDA UP 11.0% VERSUS 2021 AT EUR 720 MILLION,
WITH
CURRENT EBITDA MARGIN AT 16.8%
    * FY CURRENT NET INCOME FROM CONTINUING OPERATIONS OF EUR
284
MILLION, UP 22.3% VERSUS 2021
    * FPROPOSAL OF A CASH DIVIDEND OF EUR 3.85 PER SHARE
    * WE ARE CONFIDENT THAT DEMAND WILL GRADUALLY RECOVER IN
2023 AS
WE EXPECT INFLATION AND ENERGY PRICES TO NORMALIZE - CEO
    * GRADUAL RECOVERY OF DEMAND IN THE COURSE OF 2023 AFTER A
SIGNIFICANT DESTOCKING IMPACT ON VOLUMES IN THE FOURTH QUARTER
OF 2022
    * EXPECTED NORMALIZATION OF INFLATION AND ENERGY PRICES TO
HELP
PROFITABILITY
    * AIMS TO GENERATE ORGANIC GROWTH OF 3-5% ANNUALLY ON
AVERAGE
BETWEEN 2023 AND 2025 WHILE DELIVERING HIGHER CURRENT EBITDA
MARGINS - CEO

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