Brief: Imerys Q1 Adjusted EBITDA Up At Eur 188 Million (+9% Versus Last Year)

Imerys SA

30/04/2024 16:55

April 30 (Reuters) - Imerys SA  IMTP.PA :
    * Q1 ADJUSTED EBITDA AT €188 MILLION (+9% VERSUS LAST YEAR)
    * FIRST QUARTER REVENUE AT €926 MILLION, EXCEEDING BOTH Q3
AND Q4
2023 LEVELS
    * Q1 REVENUE DOWN 7.1% YOY
    * Q1 NET INCOME GROUP SHARE EUR 69 MILLION VERSUS EUR 101
MILLION
YEAR AGO
    * OUTLOOK: ANTICIPATE A PROGRESSIVE MARKET RECOVERY AND
SEQUENTIAL
SALES VOLUMES IMPROVEMENT IN THE QUARTERS TO COME
    * OUTLOOK: IN THE COMING MONTHS, IMERYS EXPECTS TO BENEFIT
FROM
THIS POSITIVE TREND AND FROM INNOVATIVE PRODUCTS
    * PRICES WERE 1.9% LOWER IN Q1 AGAINST A HIGH COMPARISON
BASE
(+11% IN Q1 2023 VERSUS Q1 2022)

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