+6.6%¨growth in revenue but -1.8% on a lfl basis. Scope effect of +8.8% mainly due to the acquisition of S&B. Volume effect of -2.6% mainly due to the steel and proppants markets in the US. As usual, positive price/mix effect of +0.8%. Current operating income increased by 9.9%. Operating margin improved by 30bp to 13.0%. Net income from current operations increased by 5.8%. Difficulties in the proppants and steel sector weighed on performance. Possible upturn
29 Apr 2016
Postive price/mix effect despite declining volumes underlines the strength of the business model
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Postive price/mix effect despite declining volumes underlines the strength of the business model
Imerys SA (NK:PAR) | 0 0 1.4% | Mkt Cap: 6,735m
- Published:
29 Apr 2016 -
Author:
Felix Brunotte -
Pages:
3
+6.6%¨growth in revenue but -1.8% on a lfl basis. Scope effect of +8.8% mainly due to the acquisition of S&B. Volume effect of -2.6% mainly due to the steel and proppants markets in the US. As usual, positive price/mix effect of +0.8%. Current operating income increased by 9.9%. Operating margin improved by 30bp to 13.0%. Net income from current operations increased by 5.8%. Difficulties in the proppants and steel sector weighed on performance. Possible upturn