Imerys announced that it will reorganise its divisions to be more market-focused. The change makes sense as the new Performance Minerals division is rather a local business, whereas the new High Temperature Materials & Solutions is more of a global business, so that there will now be just the two divisions. Overall, we won’t change our target price following this announcement.
27 Nov 2018
Divisions reorganised to be more market-focused
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Divisions reorganised to be more market-focused
Imerys SA (NK:PAR) | 0 0 1.4% | Mkt Cap: 6,735m
- Published:
27 Nov 2018 -
Author:
Felix Brunotte -
Pages:
2
Imerys announced that it will reorganise its divisions to be more market-focused. The change makes sense as the new Performance Minerals division is rather a local business, whereas the new High Temperature Materials & Solutions is more of a global business, so that there will now be just the two divisions. Overall, we won’t change our target price following this announcement.