Resumen de Company results: : Higher sales boost Imerys' Q1 profits
Most divisions posted higher sales; Ceramics affected by weak housing market in France; Takeover of Kerneos to be completed by mid-2017 French industrial minerals group Imerys SA posted strong results in the first quarter of 2017 with notable growth in turnover and income, on the back of improving market dynamics as well as revenue injection from acquired companies.
Imerys reported higher sales across a number of markets while businesses that had seen prolonged decline in previous quarters - such as monolithic refractories and, to an extent, ceramic proppants - have reached a degree of stabilisation.
Growth in sales was seen in three out of Imerys' four main divisions - energy solutions & specialities, filtration and performance additives, and high resistance materials - while ceramic materials recorded a 4% decline in turnover year-on-year (y-o-y)
