Imerys is an industrial company rather than a mining company as mineral extraction represents only 10-15% of the cost structure. The company is trying to redefine its growth market from mature end-markets to high growth potential ones. An asset rotation programme was recently implemented, with the sale of the roofing business and acquisition of Kerneos.
01 Apr 2019
Top pick amongst the construction and building material sector
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Top pick amongst the construction and building material sector
Imerys SA (NK:PAR) | 0 0 1.4% | Mkt Cap: 6,735m
- Published:
01 Apr 2019 -
Author:
Felix Brunotte -
Pages:
4
Imerys is an industrial company rather than a mining company as mineral extraction represents only 10-15% of the cost structure. The company is trying to redefine its growth market from mature end-markets to high growth potential ones. An asset rotation programme was recently implemented, with the sale of the roofing business and acquisition of Kerneos.