Nine Months and Third Quarter 2021 Results

November 2, 2021

Alessandro Dazza - Chief Executive Officer

Sébastien Rouge - Chief Financial Officer

Disclaimer

More comprehensive information about Imerys may be obtained on its website (www.imerys.com), under Regulated Information, including its Universal Registration Document filed under No. D.21-0167 in March 22, 2021 with Autorité des Marchés Financiers. Imerys draws the attention of investors to the "Risk factors and Internal control" set forth in the Universal Registration Document.

This document contains projections and other forward-looking statements. Investors are cautioned that such projections and forward-looking statements are subject to various risks and uncertainties (many of which are difficult to predict and generally beyond the control of Imerys) that could cause actual results and developments to differ materially from those expressed or implied.

Photo credits: Imerys Photo Library, Reserved Rights, xxx.

2

November 2, 2021 | Imerys 9 months and third quarter 2021 Results

Imerys

Highlights

Financial

Outlook

Results

3

November 2, 2021 | Imerys 9 months and third quarter 2021 Results

Imerys

Highlights

4

November 2, 2021 | Imerys 9 months and third quarter 2021 Results

Q3 2021 Highlights - Solid performance in inflationary environment

Q3 Highlights

Financial

performance(1)

  • Strong sales performance despite supply chain disruptions
  • Rapidly increasing inflation, in particular for energy, raw materials and freight, more severe than anticipated at the end of July
  • Agreement to divest the North American hydrous kaolin assets
  • Chapter 11 process of the North American talc entities to be delayed into 2022
  • Another quarter of solid organic growth at +18.6% in Q3 (+17.3% in 9 months 2021)
  • Q3 revenue up 21.0% at €1,104 million (€3,262 million in 9 months 2021)
  • Accelerating price mix impact at +3.6% in Q3 (vs. +1.5% in H1 2021)
  • Current EBITDA at €194 million in Q3, a 17.6% margin on sales (€594 million in 9 months 2021, 18.2% margin, above 2019 level), despite headwinds on costs
  • Net current income at €233 million in 9 months 2021, doubled vs. last year (+70% in Q3)

(1) Please refer to the glossary in appendix for definition of Alternative Performance Measures

5

November 2, 2021 | Imerys 9 months and third quarter 2021 Results

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Imerys SA published this content on 02 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2021 16:59:12 UTC.