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France: Imerys turnover up 10.8% in 2015

The Imerys group reported a turnover exceeding €4 billion in 2015, up 10.8%, with a €538 million operating income, up 9%. However, at constant scope, income receded by 4%, while net income stood at €68.4 million, compared to €272 million in 2014. Indeed, Imerys froze activity in its plants focusing on oil customers, as the fall in oil prices led the French industrial minerals producer and processor to losing €209 million in its oil solutions division. The group was more fortunate with its car divis
February 17, 2016 Read time: 1 min

The 2912 Imerys group reported a turnover exceeding €4 billion in 2015, up 10.8%, with a €538 million operating income, up 9%.

However, at constant scope, income receded by 4%, while net income stood at €68.4 million, compared to €272 million in 2014.

Indeed, Imerys froze activity in its plants focusing on oil customers, as the fall in oil prices led the French industrial minerals producer and processor to losing €209 million in its oil solutions division.

The group was more fortunate with its car division, which now represents 10% of sales. For the past five years, Imerys has attempted to broaden its customer base and has doubled its R&D spending, with new products now representing 12% of turnover.

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