Imerys S.A. Q3 2025 Earnings Recap

Imerys reported a 0.7% decline in year-to-date revenue for Q3 2025, reflecting a mixed economic backdrop, but maintained EBITDA performance in line with last year, demonstrating resilience amid challenges.

Key Takeaways

• Q3 adjusted EBITDA stood at EUR 140 million, maintaining a 17% margin, driven by disciplined pricing and cost management.
• Revenue for the first nine months totaled EUR 2.583 billion, slightly down year-over-year, influenced by a slowdown in U.S. economic activity and adverse effects from tariffs.
• The company is implementing a comprehensive cost reduction and performance improvement program to bolster profitability and streamline operations.
• Notable acquisitions include SB Mineração in Brazil, enhancing Imerys' production capacity in ground calcium carbonate, alongside strategic partnerships to strengthen its battery supply chain.
• Imerys confirmed its full-year adjusted EBITDA target between EUR 540 million and EUR 580 million, despite ongoing market challenges.