Imerys (OTCPK:IMYSF)

$ 30.33 0 (0%) Market Cap: 2.57 Bil Enterprise Value: 3.88 Bil PE Ratio: 0 PB Ratio: 0.74 GF Score: 72/100

Half Year 2022 Imerys SA Earnings Call Transcript

Jul 28, 2022 / 04:30PM GMT

Release Date Price: $32.93

Transcript

Operator

Good day and thank you for standing by. Welcome to the Imerys Half Year 2022 Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Alessandro Dazza, CEO. Please go ahead, sir.

Alessandro Dazza

Imerys S.A. - CEO

Thank you and good evening to all of you. Thank you for joining us today again to review Imerys 2022 first half results. As usual with me here this late afternoon, Sebastien Rouge, our CFO. And as always, please let me start by sharing with you a few key messages for this semester. First of all, Imerys posted a very strong performance in this first part of the year, achieving record sales historically, close to EUR 2.6 billion, driven by a strong pricing effect needed, really needed to offset rising inflation, but also thanks to a good level of activity in most end markets.

Though we live in a very challenging context, volumes are so far holding quite well. In particular, if we exclude, as we will see later on, the unavoidable impact of the Ukrainian crisis and the

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