Imerys post growth as refractories still challenging
Published: Thursday, 27 October 2016
The positive injection of revenues from strategic acquisitions carried out in 2015 has been key for Imerys’ finances, as the company recorded improvement in both revenues and margins in the nine months of 2016. The refractory divisions remain weak, as the Alteo merger is hoped to be concluded by year-end.
French industrial minerals producer and processor Imerys SA
reported an 8% increase in current operating income in the nine
months ended 30 September, as total revenues also showed
growth, the company reported today.
Revenue for the nine months of 2016 rose 1.4%, mainly on the
back of consolidation following acquisitions...