Imerys Sa · EURONEXT:NK
Imerys Sa — Imerys Sa Ord — Q1 2026 Earnings Presentation
21 slides from Imerys Sa's earnings presentation, Apr 29, 2026
Slide 1: 2026 First Quarter Results
2026 First Quarter Results April 29, 2026 Alessandro Dazza - Chief Executive Officer Pierre Lebreuil - Chief Financial Officer April 29, 2026| Imerys 2026 First Quarter Results
Slide 2: Disclaimer
Disclaimer More comprehensive information about Imerys may be obtained from its website (www.imerys.com) in the Regulated Information section, particularly in its Registration Document filed with the French financial markets authority (Autorité des marchés financiers, AMF) on March 19, 2026 under numbe
Slide 3: Highlights, Financial Results, Outlook
Imerys HIGHLIGHTS FINANCIAL OUTLOOK RESULTS April 29, 2026| Imerys 2026 First Quarter Results
Slide 4: Highlights
Imerys HIGHLIGHTS FINANCIAL OUTLOOK RESULTS April 29, 2026| Imerys 2026 First Quarter Results
Slide 5: First quarter 2026 - Highlights
First quarter 2026 - Highlights(1) Revenue Adjusted EBITDA Key Projects Progressing on €835 million €118 million Strategic Roadmap ● First quarter 2026 revenue at ● Adjusted EBITDA at €118 ● Deployment of Project Horizon €835 million, up 0,7% vs. LY at million, up 4.0% at constant on time, cost savi
Slide 6: First quarter 2026 revenue at €835 m, +0.7% at current FX vs last year
First quarter 2026 revenue at €835 m, +0.7% at current FX vs last year First quarter 2026 sales by region North America €221 million Asia Organic change: approx. -1.3% €171 million • Persistent softness in housing market Organic growth: approx. +9.3% • Impact of bad weather conditions in January • S
Slide 7: End-market trends in Q1 2026
End-market trends(1)(2) in Q1 2026 11% ENERGY & ELECTRONICS ● Q1 2026: strong EV sale trend confirmed (except US). Expected rebound for electronic applications 38% CONSTRUCTION & INFRASTRUCTURE 13% ● Q1 2026: no rebound so far in INDUSTRY & EQUIPMENT housing market in North America ● Q1 2026: soft in
Slide 8: Focus on Imerys' Bahrain plant
Focus on Imerys’ Bahrain plant Plant’s snapshot ● Joint venture with local industrial partner: 70% Imerys, 30% Al Zayani Investments ● 103 employees (permanent + contractors) ● Production of white fused aluminum oxide used for abrasive, refractory and ceramic applications ● Mostly export business to
Slide 9: Adjusted EBITDA improvement at constant FX supported by volumes and operational leverage
First quarter 2026: adjusted EBITDA improvement at constant FX supported by volumes and operational leverage Q1 2026 Adjusted EBITDA (€m) above last year at current Q1 2026 Adjusted EBITDA benefiting from: exchange rates • Strict control over costs thanks to operational excellence and cost savings in
Slide 10: Financial Results
Imerys HIGHLIGHTS FINANCIAL OUTLOOK RESULTS April 29, 2026| Imerys 2026 First Quarter Results
Slide 11: First quarter 2026 revenue - Return to organic growth
First quarter 2026 revenue - Return to organic growth 0% -4.8% +0.5% +0.2% -4.1% (€m) Reported 0 -42 +4 +2 871 835 Organic variation: +0.7% 2025 Q1 Perimeter Currencies Volumes Price 2026 Q1 revenue revenue April 29, 2026| Imerys 2026 First Quarter Results
Slide 12: First quarter 2026 - Performance Minerals
First quarter 2026 - Performance Minerals Unaudited quarterly data Reported At constant Q1 2025 Q1 2026 (in € million) change exchange rates Revenue Americas 222 198 -11% +0.7% Revenue Europe, Middle East and Africa and 318 317 -0.1% -1.1% Asia-Pacific Eliminations (18) (18) - - Total revenue 522 497
Slide 13: First quarter 2026 - Solutions for Refractory, Abrasives & Construction
First quarter 2026 - Solutions for Refractory, Abrasives & Construction Unaudited quarterly data Reported At constant Q1 2025 Q1 2026 (in € million) change exchange rates Revenue Refractory, Abrasives & Construction 289 274 -5.2% +0.1% Solutions for Refractory, Abrasives & Construction: ● Sales volu
Slide 14: First quarter 2026 - Solutions for Energy Transition
First quarter 2026 - Solutions for Energy Transition Unaudited quarterly data Reported At constant Q1 2025 Q1 2026 (in € million) change exchange rates Revenue Graphite & Carbon 61 65 +6% +9.7% ● Graphite & Carbon: ○ Solid revenue at 65M€ in the first quarter of 2026, fuelled by a 11% volume increase
Slide 15: First quarter 2026 Adjusted EBITDA - Up 4% at constant FX
First quarter 2026 Adjusted EBITDA - Up 4% at constant FX (€m) 128 0 -14 +2 +1 +3 -1 -3 +2 118 €4 million / +4.0% at constant FX 14.2% 14.7% Adjusted EBITDA margin Q1 2025 Perimeter FX Volumes Price Variable Fixed Change in Share in net Q1 2026 Adjusted costs costs and inventories income of Adjusted
Slide 16: First quarter 2026 - Net income, Group share
First quarter 2026 - Net income, Group share Highlights (in €m) Q1 2025 Q1 2026 Change Adjusted EBITDA 128 118 -7.5% ● Adjusted EBITDA: +4% versus last year at constant exchange rates Current operating income 56 46 -18.6% ● Current financial expenses: impact of Current financial expenses (15) (18) - n
Slide 17: Outlook
Imerys HIGHLIGHTS FINANCIAL OUTLOOK RESULTS April 29, 2026| Imerys 2026 First Quarter Results
Slide 18: Outlook
Outlook While the Middle East crisis had a limited impact in the first quarter, a prolonged conflict could adversely affect the global macroeconomic environment. Imerys expects energy, raw material and logistic costs to rise over the remainder of the year, driven in particular by higher energy prices.
Slide 19: Appendix
Appendix April 29, 2026| Imerys 2026 First Quarter Results
Slide 20: Glossary
Glossary Alternative Performance Definitions and reconciliation to IFRS indicators Measures • 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/ February 20, 2026 | Imerys 2025 Annual results presentation