Key information: Imerys aims to ramp up organic growth gradually, to reach the underlying market level by 2022. It will generate €100m in expected cost savings in 2022. It now has an operating profitability target, namely +200bp in the current EBITDA margin vs. 2018.
14 Jun 2019
Convincing 2019 CMD reinforces our view
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Convincing 2019 CMD reinforces our view
Imerys SA (NK:PAR) | 0 0 1.4% | Mkt Cap: 6,735m
- Published:
14 Jun 2019 -
Author:
Felix Brunotte -
Pages:
6
Key information: Imerys aims to ramp up organic growth gradually, to reach the underlying market level by 2022. It will generate €100m in expected cost savings in 2022. It now has an operating profitability target, namely +200bp in the current EBITDA margin vs. 2018.