Accueil > Actualité
Actualite financiere : Actualite bourse

Saint-Gobain: Q3 sales down 2%

(CercleFinance.com) - Saint-Gobain has reported Q3 sales of E11.
57bn, down 2% LFL and y-o-y.

The company is still affected by the downturn in new construction in Europe, and particularly in France.

In detail, LFL sales were down 3.2% in Northern Europe, 5.2% in Southern Europe, Middle East & Africa, +0.8% in the Americas and -0.9% in Asia-Pacific.

The group reports a 1.5% contraction in volumes in Q3 and -3.1% over 9m to end-September, in line with the group's FY outlook, reflecting a contrasting situation between the downturn in Europe - with a marked decline in new construction and resilience in renovation - and the good performance of all other segments, it says.

Saint-Gobain points out that the integration of recent acquisitions is going well, enabling the deployment of expected synergies.

Despite an environment it deems difficult in certain markets, Saint-Gobain is targeting a further increase in its operating margin in 2024.


Copyright (c) 2024 CercleFinance.com. All rights reserved.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.