Imerys announce 2007 results.

• 
• 16th March 2008
• Quarrying
 

Imerys announce 2007 results.

• 16th year in a row of growth in net income from current operations:
  €5.00 per share, i.e. + 3.0%
• Proposed dividend of €1.90, ie + 5.6%
• Faster development of the Group
  
  - Capital expenditure increasing sharply
  - 20% of revenue and 10 acquisitions realized in emerging economies

The Board of Directors of Imerys, meeting under the chairmanship of Aimery Langlois-Meurinne, examined the definitive financial statements for 2007 as presented by Chief Executive Officer Gérard Buffière. The statements will be put to the Shareholders' General Meeting on April 30, 2008 for approval. (€ millions) 2007 2006 % current change

CONSOLIDATED RESULTS
Sales 3,401.9 3,288.1 + 3.5%
Current operating income (1) 478.3 458.8 + 4.3%
Net income from current operations, Group's share (2) 316.7 308.3 + 2.7%
Net income, Group's share 284.2 187.4 n.a.

FINANCING
Current operating cash flow (3) 522.6 522.1 + 0.1%
Recorded capital expenditure 367.0 226.2 + 62.2%
Shareholders' equity 1,663.9 1,646.4 + 1.1%
Net financial debt 1,343.0 1,086.1 + 23.7%

DATA PER SHARE (average weighted number) 63,330,652 63,475,098 n.s.
Net income from current operations, Group's share (2) €5.00 €4.86 + 3.0%
Proposed net dividend €1.90 €1.80 + 5.6%
(1) Operating income before other operating revenue and expenses.
(2) Group's share of net income, before other operating revenue and expenses, net.
(3) EBITDA minus tax on current operating income.

http://www.imerys.com/