Carmeuse projected to have a rebounding performance
As one of the world’s largest lime and limestone products globally, Carmeuse remains a strong competitor in its respective markets. Employing 4,500 people worldwide, the company operates more than 90 production facilities across Europe, Asia, the Middle East, North America and Africa. While recent downstream market volatility is estimated to have negatively impacted company performance, the gradual recovery of global demand and broader economic activity is expected to have buoyed revenue growth and corresponding product prices increases. As a result, Carmeuse is estimated to have posted strong performance during the past year.
New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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