Imerys: ‘Low point of profits behind us’

By Davide Ghilotti
Published: Friday, 28 October 2016

Imerys’ executives believe the most challenging phases in the market have now passed, as the company posts positive results and bets on the recent SPAR acquisition and the positive progress of the Alteo takeover to revamp its refractory and foundry operations.

The acquisition-led strategy Imerys has been pursuing for the past year has been paying off as the French industrial minerals producer and processor forecast further improvement in margins by year-end and is on track to complete the buyout of alumina supplier Alteo.

"Gradually, the trend showed that the low point...

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