S&B returns to Q3 profitability following Imerys purchase

By James Sean Dickson
Published: Monday, 17 November 2014

Despite European markets undergoing their strongest bout of uncertainty since the Eurozone crisis, S&B has returned to profit for Q3 in 2014, in a set of results that will be pleasing to Imerys, which recently announced its acquisition of the bentonite-producing industrial minerals supplier.

Greece-based bentonite producer, S&B, has recorded a net profit of €8.99m ($11.24m*) for Q3 2014, a significant year-on-year rise in fortunes from the quarterly loss of the previous year, which totalled €4.32m.

Also producing perlite, bauxite, zeolite and wollastonite, S&B was recently purchased by Paris, France-based Imerys...

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