Saint-Gobain Estimated 2002 Results

Excluding capital gains, 2002 net income of the Saint-Gobain Group is estimated to stand at EUR 1,051 million, dipping (0.6%) compared with 2001.

Based on the 341,010,680 shares outstanding at December 31, 2002, earnings per share (EPS) excluding capital gains is estimated at EUR 3.08, only 0.6% lower than last year's figure of EUR 3.10.This performance is in line with the objective set by the Group on July 25, 2002 to achieve stable net income excluding capital gains.Excluding both capital gains and the asbestos-related charge, net income would be up 5.7%.Consolidated net income is estimated at EUR 1,039 million.This is 8.4% below the 2001 figure, due to lower capital gains recorded in 2002.

Based on the 341,010,680 shares outstanding at December 31, 2002, earnings per share (EPS) contracted 8.4% to EUR 3.05 from EUR 3.33 one year earlier.

600450 Saint-Gobain Estimated 2002 Results glassonweb.com

See more news about:

Others also read

Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
KUB Malaysia Bhd has accepted an offer from Nippon Sheet Glass Co Ltd (NSG) to acquire its 15% stake in Malaysian Sheet Glass Bhd (MSG) for RM32.6 million in cash, or RM2.68 per share.
Co-Ventures in Glass Containers (CVIGC, Ltd.) of Tampa, Florida, USA and Micro-Tek Canada, Inc. Of Toronto, Canada are excited to announce the beginning of a long term joint venture to combine their extensive experiences and resources to offer the Glass Container Industry globally a best value alternative for all their outsourcing needs in manufacturing, operations and technical assistance agreements, specifically targeted to the smaller manufacturers who have found the larger service companies to be cost and profit prohibitive.The principals of the two companies have found a global need for smaller glass companies who require excellent technical resources to properly compete within the industry without the high costs of employing their own staffs or outsourcing their requirements to the larger service companies whose own operating costs and overhead are substantial.
China's largest automobile glass maker Fuyao Glass Industry Group Co, Ltd, won its case against the dumping ruling of the US Department of Commerce (DOC).
When did the wine industry start using glass bottles, and how did they settle on their current size of 750ml? For the answer to these questions, you have to go back in time - back thousands of years to when wine was first cultivated and enjoyed.

Add new comment