In the first half 2014, Imerys delivers improved results.
In an economic environment where positive signals have appeared on some markets in Europe, Imerys revenue (1,838 M€ for the 1st half 2014) has increased + 4.4% on a comparable basis.
Proppants for shale-oil exploitation in the US, graphite for Li-ion batteries, lime for Brazilian market: the new production units that came on stream in late 2013 visibly contributed to the improvement of revenue and profitability in the 1st half. At 13.5%, the operating margin rose + 0.5 point. The price/mix was solid and costs remained under control. Net income from current operations grew at 158 M€.
Imerys has a robust financial structure and continues to implement its 2012-2016 development strategy. R&D and innovation programs are strengthened. New production lines are equipped to support the commercial launch of new products: ImerPlastTM, a mineral solution which allows for polymer recycling and FiberLeanTM, an innovative micro-fibrillated cellulose (MFC) composite improving paper quality and cost. New capital expenditure projects have also started in the US and in India to take advantage of the robust demand expanding the Group’s geographic footprint.
In that context, the Group targets a new increase in its net income from current operations in 2014.
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