Imerys Sa · EURONEXT:NK
Imerys Sa — Imerys Sa Ord — Q3 2025 Earnings Presentation
21 slides from Imerys Sa's earnings presentation, Oct 30, 2025
Slide 1: 2025 First Nine Months and Third Quarter Results
2025 First Nine Months and Third Quarter Results October 30, 2025 Alessandro Dazza, Chief Executive Officer Sébastien Rouge, Chief Financial Officer 1 October 30, 2025 | Imerys 2025 First Nine Months and Third Quarter Results
Slide 2: Disclaimer
Disclaimer More comprehensive information about Imerys may be obtained on its website (www.imerys.com), under Regulated Information, including its Universal Registration Document filed under No. D.25-0161 on March 26, 2025 with Autorité des Marchés Financiers. Imerys draws the attention of investors
Slide 3: Imerys Highlights Financial Outlook Results
Imerys HIGHLIGHTS FINANCIAL OUTLOOK RESULTS 3 October 30, 2025 | Imerys 2025 First Nine Months and Third Quarter Results
Slide 4: Highlights
Imerys HIGHLIGHTS FINANCIAL OUTLOOK RESULTS 4 October 30, 2025 | Imerys 2025 First Nine Months and Third Quarter Results
Slide 5: Q3 and first nine months 2025 – Highlights
Q3 and first nine months 2025 – Highlights(1) Revenue Adjusted EBITDA Outlook Key updates ● 9-month adjusted EBITDA ● Full year 2025 adjusted EBITDA ● Emili lithium project: Imerys in ● Revenue for the nine months at target confirmed: €540-€580 advanced discussions with €2,583 million, slightly down (
Slide 6: First nine months 2025 sales by region
First nine months 2025 sales by region First nine months 2025 revenue at €2,583m (-0.7% vs 2024) Asia North America €494 million €712 million Organic growth: approx. +1.6% Organic growth: approx. +0.1% • Positive development in China • Weak residential market, impacted by • Growth in EV penetration
Slide 7: Resilient business model supported by price/costs balance
Resilient business model supported by price/costs balance First nine months 2025 Adjusted EBITDA (€m) in First nine months 2025: price/costs balance impact on Adjusted EBITDA benefiting from: line with last year excluding JV contribution, perimeter and FX effect • Steady pricing: +1.4% vs LY • Flat co
Slide 8: End-market trends overview
End-market trends(1) overview 11% ENERGY & ELECTRONICS ● Booming EV sales, weak Energy and Electronics 13% 39% INDUSTRY & EQUIPMENT CONSTRUCTION & INFRASTRUCTURE ● Still soft in Europe and weakening in the ● Contraction in North America and China, US; robust in China trend reversing in Europe ● FY25
Slide 9: Results
Imerys HIGHLIGHTS FINANCIAL OUTLOOK RESULTS 9 October 30, 2025 | Imerys 2025 First Nine Months and Third Quarter Results
Slide 10: First nine months 2025 sales variances
First nine months 2025 sales variances (€m) -4.5% -1.7% -2.1% +1.4% -6.9% 2,773 2,583 -126 -47 -54 +37 Organic variation: -0.7% 2024 nine Perimeter FX Volumes Price 2025 nine months months revenue revenue 855 +11 -29 -19 9 827 Q3 +1.3% -3.4% -2.3% +1.1% -3.3% 10 October 30, 2025 | Imerys 2025 First
Slide 11: Performance Minerals
Performance Minerals Like-for-like Consolidated amount 9 months 9 months Like-for-like Q3 2024 Q3 2025 change (in €m) 2024 2025 change 224 199 -5.7% Revenue Americas 768 643 -1.0% Revenue Europe, Middle East 308 309 -3.0% 1,035 957 -1.6% and Africa and Asia-Pacific -18 -17 - Eliminations -89 -53 - 51
Slide 12: Solutions for Refractory, Abrasives & Construction
Solutions for Refractory, Abrasives & Construction Like-for-like Consolidated amount 9 months 9 months Like-for-like Q3 2024 Q3 2025 change (in €m) 2024 2025 change Revenue Refractory, 284 278 +1.9% 904 857 -2.8% Abrasives & Construction Refractory, Abrasives & Construction Revenue Q3 2025: ● Strong
Slide 13: Solutions for Energy Transition
Solutions for Energy Transition Like-for-like Consolidated amount 9 months 9 months Like-for-like Q3 2024 Q3 2025 change (in €m) 2024 2025 change 57 59 +3.6% Revenue Graphite & Carbon 159 182 +14.5% Graphite & Carbon The Quartz Corporation Revenue Q3 2025 for The Graphite and Carbon : ● Robust end m
Slide 14: First nine months 2025 Adjusted EBITDA variances
First nine months 2025 Adjusted EBITDA variances (€m) 532 421 -32 -11 -29 33 0 +4 -10 -66 -€2 million 19.2% 16.3% Adjusted EBITDA margin 16.0% Q3 2024 Perimeter FX Volumes Price Variable Fixed Change Share in net Q3 2025 Adjusted costs costs and in inventories income of Adjusted EBITDA overheads and
Slide 15: First nine months 2025 net income
First nine months 2025 net income (in €m) 9M 2024 9M 2025 Change Adjusted EBITDA 532 421 -20.9% Current operating income 330 216 -34.6% Current financial expenses (39) (46) - Current income tax (73) (44) - Minority interests (4) 0 - Current net income from continuing operations, Group share 214 126 -
Slide 16: Financial Outlook
Imerys HIGHLIGHTS FINANCIAL OUTLOOK RESULTS 16 October 30, 2025 | Imerys 2025 First Nine Months and Third Quarter Results
Slide 17: Outlook
Outlook Imerys remains confident in achieving its full-year 2025 adjusted EBITDA target of €540 to €580 million, assuming no material deterioration in the current macroeconomic environment. As market recovery appears to be delayed, the Group is launching a comprehensive cost reduction and performance
Slide 18: Appendix
Appendix 18 October 30, 2025 | Imerys 2025 First Nine Months and Third Quarter Results
Slide 19: Q3 2025 Net income
Q3 2025 Net income (in €m) Q3 2024 Q3 2025 Change Revenue 855 827 -3.3% Adjusted EBITDA 148 140 -5.7% of which share of net income from JVs 5 9 - Current operating income 77 72 -6.4% Current financial expenses (12) (14) - Current income tax (23) (15) - Minority interests (2) 0 - Current net income, G
Slide 20: Glossary
Glossary Alternative Performance Measures Definitions and reconciliation to IFRS indicators • Calculated by stripping out the impact of currency fluctuations as well as acquisitions and disposals (scope effect). • Restatement of the currency effect consists of calculating aggregates for the prior year a
Slide 21: Thank you for your attention
Thank you for your attention Visit www.imerys.com for more information. Or connect with us: www.linkedin.com/company/imerys/ 21 October 30, 2025 | Imerys 2025 First Nine Months and Third Quarter Results