Imerys posts Q3 recovery despite energy costs, inflation headwinds
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.
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...