Imerys could not fare well in terms of numbers which was quite obvious after the 9M2019 results. The volumes were down significantly and so were the revenues. Keeping everything else constant, revenues dropped down by 6.1% solely due to the decrease in volumes. The company’s non-recurring expenses remain high due to the transformation programme and impairments. Beyond the numbers, the company has made an announcement regarding the BoD and dividends, which remain the highlight of the FY1
17 Feb 2020
Obvious FY19 results but eccentric decisions stole the show
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Obvious FY19 results but eccentric decisions stole the show
Imerys SA (NK:PAR) | 0 0 1.4% | Mkt Cap: 6,735m
- Published:
17 Feb 2020 -
Author:
Sejal Varshney -
Pages:
4
Imerys could not fare well in terms of numbers which was quite obvious after the 9M2019 results. The volumes were down significantly and so were the revenues. Keeping everything else constant, revenues dropped down by 6.1% solely due to the decrease in volumes. The company’s non-recurring expenses remain high due to the transformation programme and impairments. Beyond the numbers, the company has made an announcement regarding the BoD and dividends, which remain the highlight of the FY1