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 2024 Imerys SA Earnings Call Transcript

Jul 30, 2024 / 07:30AM GMT

Release Date Price: $31.05

Transcript

Alessandro Dazza

Imerys SA - Chief Executive Officer, Member of the Executive Committee

Good morning to all of you. Thank you for joining us today to review Imerys H1 2024 results. With me this morning, SÃ©bastien Rouge, our CFO, as usual. This year, let me start by giving you some highlights for the semester we have just closed and in particular on the second quarter. And I have to say, it was a good one, very solid performance. Demand was strong for Imerys specialty minerals resulting in volume and revenue growth compared to last year. It's now the third quarter in a row of continuous growth.

The good performance is mainly coming from the US market holding up well. And also finally, our European activities recovering gradually, particularly in consumer goods and which is good news, industrial and end markets as well.

Asia performing also Okay. H1 prices were slightly down approximately 1.2% on the first six months with the high comparable basis, I like to remember from last year, but stabilizing in Q2, we're just minus 0.6% difference to last year. Second important highlights. Imerys

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