Imerys sees H1 2013 sales and profit dip

French industrial minerals specialist Imerys saw a 4% fall in its net profit to €155 million in the first half of 2013. The firm’s turnover was also down 4% to €1.88 billion in H1 2013. Growth continued in North America, but the prolonged recession in the Eurozone is said to have continued to weigh on results, notably in the construction and industry sectors.

Quarry Products / August 1, 2013

RSSFrench industrial minerals specialist 2912 Imerys saw a 4% fall in its net profit to €155 million in the first half of 2013.

The firm’s turnover was also down 4% to €1.88 billion in H1 2013.

Growth continued in North America, but the prolonged recession in the Eurozone is said to have continued to weigh on results, notably in the construction and industry sectors.

Imerys estimates that current net profit in the second half of 2013, and for the full-year, will be close to the figure generated in 2012.

The company generated an operating margin of 13% for the first half of 2013, a decline of 0.4 points.

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