Paris, France – Imerys S.A. held a conference call to discuss its Q1 2024 results. Chief Executive Officer Alessandro Dazza and Chief Financial Officer Sebastien Rouge were among the company participants who provided insights into the financial performance of the company.

During the call, Dazza highlighted the company’s Q1 results, emphasizing the positive growth in business and revenue. He mentioned that while some markets, such as industrial in Europe and residential construction in both Europe and the U.S., remained weak, overall, the company saw an increase in revenues compared to the previous quarter. Dazza also pointed out the strong profitability and performance of Imerys’ joint ventures, contributing to an increase in adjusted EBITDA compared to the previous year.

Additionally, Dazza discussed the strategic actions taken by the company during the quarter, including reorganizing to focus on energy transition, entering agreements to potentially divest assets serving the paper market, and engaging in exclusive negotiations for acquisitions in Europe. These actions demonstrate Imerys’ agility, resilience, and the validity of its business model in the current economic environment.

Furthermore, Dazza highlighted the new business area, Solutions for Energy Transition, which includes critical minerals that play a crucial role in the company’s future growth. He emphasized the importance of these businesses in contributing to the group’s performance and their role in the energy transition.

Sebastien Rouge provided insights into the financial performance of the company, discussing revenue, sales, and the contributions of different business segments. He noted a decrease in sales in certain regions due to market factors but mentioned that the company remains focused on cost-saving measures and improving profitability.

Overall, the conference call provided valuable insights into Imerys’ Q1 2024 results, showcasing the company’s efforts to navigate challenging market conditions and drive growth in key business areas.