Saint-Gobain: 2018 net income, group share reaches E420m
(CercleFinance.com) - The group reported FY 2018 revenues of 41,774 million euros, up 2.
4% in real data and up 4.4% in comparable data.
Underlying net income (excluding capital gains and losses, asset depreciation and significant non-recurrent provisions and the Sika result) came in at 1,729 million euros, representing a significant improvement of 6.0%. Net income (group share) came in at 420 million euros in 2018, down sharply from 1,566 million euros in 2017, which is largely due to asset depreciation.
Management said that in 2019, the group is looking for further growth in operating profit at a comparable consolidation scope and exchange rates.
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4% in real data and up 4.4% in comparable data.
Underlying net income (excluding capital gains and losses, asset depreciation and significant non-recurrent provisions and the Sika result) came in at 1,729 million euros, representing a significant improvement of 6.0%. Net income (group share) came in at 420 million euros in 2018, down sharply from 1,566 million euros in 2017, which is largely due to asset depreciation.
Management said that in 2019, the group is looking for further growth in operating profit at a comparable consolidation scope and exchange rates.
Copyright (c) 2019 CercleFinance.com. All rights reserved.