Imerys: ‘Low point of profits behind us’
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...