IMERYS: With a goal of disappointing profit and an eldorado of lithium which “moves away”, Imerys plunges on the stock market

(BFM Stock Exchange) – The producer of industrial minerals delivered online results. Therefore, in the second quarter but the gross operating profit target for 2025 is significantly lower than expectations. In addition. Similarly, the group is looking for partners to finance the project to operate an important lithium deposit in the Allier.

Imerys suffers on the Paris Stock Exchange this Wednesday, July 30. For example, The producer of industrial minerals plunges from 14.7% around 4:35 p.m., accusing the highest drop in the SBF 120, after having published its results in the second quarter of 2025. Furthermore,

The results strictly speaking, remain “online” with expectations, note Oddo BHF. Meanwhile, Over the period from April to the end of June, the company has generated income of 886 million euros, down 1.5% in comparable data.

The group explained that it has suffered from imerys: goal disappointing profit eldorado a low request from industry in Europe “in particular in the automotive sector”. with a global slowdown in economic activity, high interest rate as well as “uncertainties caused by the fluctuation of American customs policies”. This resulted in a fall in volumes of 3.3% over the period. The price increases have attenuated the overall impact on turnover.

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A target of Ebitda far from the account – Imerys: goal disappointing profit eldorado

The gross operating profit (EBITDA) adjusted contracted 21.8% to 154 million euros, close to the forecast of ODDO BHF (148 million euros). Net profit fell by 35.4% to register for 47 million euros.

The big black point comes mainly from the perspectives. The company has so far avoided giving encrypted targets for the current year, notably citing uncertainties linked to customs duties.

Tuesday evening. imerys: goal disappointing profit eldorado Imerys announced to aim for 2025 an adjusted Ebitda between 540 million and 580 million euros, with sales volumes which should become positive in the second semester.

This target is “disappointing”. notes Oddo BHF which explains that the consensus (the average forecast of analysts) visible Alpha was located at 620 million euros when the design office awaited a figure between 600 million and 650 million euros.

“Emili” is late

In parallel with these results. Imerys made a point on the progress of the “Emili” project, which aims to exploit an important deposit of lithium in the Allier.

This deposit is promising. on paper, because it could contain 373 million tonnes to 1% of lithium oxide content and constitute one of the five largest hard rock deposits identified in the world.

Based on a feasibility study, Imerys estimates that annual production could reach 34,000 tonnes of lithium hydroxide.

imerys: goal disappointing profit eldorado

Imerys. however, postponed its objective of commercial production date to 2030 against 2027-2028 previously, citing “the length of the public debate and certain constraints in terms of authorizations”.

In addition, LMERYS projects “cash” costs of lithium production at the bottom of a range of 7 to 9 euros per kilogram. The group estimates, above all, the cost of building the project at 1.8 billion euros, due to “the integration of higher ESG (environment, social, governance) criteria and inflation”.

“Given the current conditions of the lithium market. the extent of the necessary investments, Imerys has decided to look for partners to support it in the” Emili “project, said the company.

Oddo BHF judges that “the realization of the dream of lithium is moving away a little more” for Imerys. The broker fears that this project would ultimately be rejected “to Greek calendars”.

Julien Marion – © 2025 BFM Bourse