Imerys posts Q3 recovery despite energy costs, inflation headwinds

By Sofia Okun
Published: Wednesday, 03 November 2021

Industrial minerals group Imerys increased revenue in 2021 due to a post-pandemic recovery despite “rapidly increasing inflation,” it said in a results update for the first nine months of 2021.

In brief

Imerys posted third-quarter 2021 revenue at €1.104 billion ($1.28 billion), up 21% year on year."Rapidly increasing inflation, in particular for energy, raw materials and freight, [is] more severe than anticipated at the end of July," Imerys said. Energy costs surged in the third quarter of 2021 in Europe...

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