AT A GLANCE: Imerys reports rebound across different sectors, wary of inflation
Published: Friday, 30 July 2021
French Industrial mineral group Imerys report increased revenue, with growth attributed to a global post-crisis recovery. The company anticipates further growth, partly due to low inventory levels at its customers' facilities, and will expand its production facility that makes conductive material for electric vehicle (EV) batteries.
The performance minerals segment showed "strong recovery" in
the second quarter of 2021, with a quarterly revenue of
€1.03 billion ($1.22 billon). This is up 27.7% year on
year in comparison with Q2 2020, when Imerys had an
"unprecedented and rapid decline" in revenue caused by the
Covid-19 pandemic.The performance...