Q3 2023 Imerys SA Earnings Call Transcript

Oct 30, 2023 / 05:30PM GMT
Operator

Good day, and thank you for standing by. Welcome to the Imerys Third Quarter 9 Months 2023 Results Conference Call and Webcast. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Alessandro Dazza, Chief Executive Officer. Please go ahead.

Alessandro Dazza - Imerys S.A. - CEO

Thank you, and good evening to all of you. Thank you for joining us today to review Imerys 2023 third quarter results. With me, as usual, next to me Sébastien Rouge, our CFO. As always, let me start first as you a few key messages, few key highlights of the last quarter. Let's start by sales, Imerys posted revenue in Q3 of EUR 918 million, down compared to last year, 14%, reflecting a high comparison basis, but also, as we will see later on, soft end markets, especially around construction and residential construction and some increased competition from Asian players benefiting from lower energy and logistics costs.

Current EBITDA, strong performance, resilience, 16.5%

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot