Imerys announces solid financial performance for full year 2018
In 2018, Imerys improved its financial performance with a + 6.8% revenue and a + 2.0% current operating income increase, with an operating margin of 12.2%. The current free operating cash flow was robust, at 286 million euros for the fiscal year. The net income from current operations increased + 6.5%, in line with the guidance.
The Group has divested the Roofing activity, the last remaining building materials business in the portfolio, and implemented decisive actions to address adverse market changes in some of our operations.
Imerys is entering 2019 with a stronger balance sheet, an improved growth profile as a world leader in specialty minerals and a new, more customer focused organization.
Considering a still volatile and uncertain market environment, the Group will give priority to cost and cash management in 2019.
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