Imerys: stock up after 9m results released.
(CercleFinance.com) - The Imerys stock is up 1.
7% this morning, after the group announced net income, group share of 267.8 million euros for the first nine months of 2017, up 22.3%, with current operating income of 479.5 million euros, up 8.6%.
The specialty mineral group's operating margin therefore remained at 14.1%, on revenue of 3,393.5 million euros, up 8.5%, including 2.4% growth at comparable Group structure and exchange rates.
CEO Gilles Michel said, “Based on the results for the first nine months of the year, the Group confirms its objective of year-on-year growth of over 7% in net income from current operations in 2017.”
Copyright (c) 2017 CercleFinance.com. All rights reserved.
7% this morning, after the group announced net income, group share of 267.8 million euros for the first nine months of 2017, up 22.3%, with current operating income of 479.5 million euros, up 8.6%.
The specialty mineral group's operating margin therefore remained at 14.1%, on revenue of 3,393.5 million euros, up 8.5%, including 2.4% growth at comparable Group structure and exchange rates.
CEO Gilles Michel said, “Based on the results for the first nine months of the year, the Group confirms its objective of year-on-year growth of over 7% in net income from current operations in 2017.”
Copyright (c) 2017 CercleFinance.com. All rights reserved.