Imerys Sees Revenue Growth Amid Quarterly Challenges in Q1 2026

Imerys reported a 0.7% increase in revenues for the first quarter of 2026, reaching €835 million at constant exchange rates. This growth was driven by volume increases despite facing a significant currency headwind of €42 million. The adjusted EBITDA rose by 4.0% at constant exchange rates to €118 million, demonstrating solid operational management amidst challenging market conditions. However, net income was drastically reduced to €1 million, primarily due to ongoing restructuring costs associated with Project Horizon.

The company announced a strategic acquisition of Great Lakes Minerals to enhance its position in the US refractory and abrasive markets. Additionally, Imerys finalized a minority stake arrangement with Banque des Territoires for its lithium project, indicating progress in strategic areas. These developments reflect Imerys’ strategic focus on reinforcing its market presence despite global uncertainties that could increase supply chain costs. The performance displayed in consumer goods provides a positive outlook, although the construction industry's performance remains subdued in certain regions.