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Home News France: Imerys turnover up 10.8% in 2015

France: Imerys turnover up 10.8% in 2015

by Staff Writer
February 17, 2016
in News
Reading Time: 1 min read
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The Imerys group reported a turnover exceeding €4 billion in 2015, up 10.8%, with a €538 million operating income, up 9%. However, at constant scope, income receded by 4%, while net income stood at €68.4 million, compared to €272 million in 2014. Indeed, Imerys froze activity in its plants focusing on oil customers, as the fall in oil prices led the French industrial minerals producer and processor to losing €209 million in its oil solutions division. The group was more fortunate with its car divis

The Imerys group reported a turnover exceeding €4 billion in 2015, up 10.8%, with a €538 million operating income, up 9%.

However, at constant scope, income receded by 4%, while net income stood at €68.4 million, compared to €272 million in 2014.

Indeed, Imerys froze activity in its plants focusing on oil customers, as the fall in oil prices led the French industrial minerals producer and processor to losing €209 million in its oil solutions division.

The group was more fortunate with its car division, which now represents 10% of sales. For the past five years, Imerys has attempted to broaden its customer base and has doubled its R&D spending, with new products now representing 12% of turnover.

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