Financial Press Release

Imerys delivers robust first quarter 2024 results with 9% year-one-year increase in adjusted EBITDA

  • Initial signs of demand recovery with first quarter revenue at €926 million, exceeding both Q3 and Q4 2023 levels
  • Adjusted EBITDA at €188 million (+9% vs last year), reflecting positive contribution of commercial actions, savings measures and lower input costs, as well as strong performance of joint ventures
  • Positive price/cost balance maintained, demonstrating the strength of Imerys’ business model
  • Progress in strategic roadmap6:
    • Creation of a new business area “Solutions for Energy Transition”, to reflect accelerating momentum in critical minerals and their growing contribution to the Group's financial performance
    • Exclusive negotiations to acquire Chemviron’s European diatomite and perlite business, enhancing Imerys offering of natural solutions for consumer goods
    • Exclusive negotiations for the divestiture of the Group's assets serving the paper market, with closing expected in the course of the year