Saint-Gobain: First Quarter 2007 Sales

Consolidated first-quarter sales for the Saint-Gobain Group came in at EUR10,447 million, compared with EUR9,745 million in the same year-ago period, representing a rise of 7.2% on an actual structure basis and 9.0% at constant exchange rates.

The perimeter evolution accounted for 1.0% of sales, with the contribution from bolt-on acquisitions (mainly in the Construction Products and Building Distribution sectors) being slightly above that from disposals (chiefly Synflex within the High-Performance Materials sector and Calmar within the Packaging sector).The currency effect had a  negative -1.8% impact, mainly as a result of the decline in the US dollar.

Like-for-like consolidated sales climbed 8.0%(*) or EUR772 million, with a strong growth coming both from volumes (+4.3%) and prices (+3.7%).

All of the Group's business sectors reported an increase in like-for-like sales.

Businesses related to the construction market in Europe delivered robust growth, with strong showings from most of Western Europe, notably Germany, Southern Europe (Spain and Italy), the Nordic countries and France. Emerging countries continued to turn in a very strong performance, especially Eastern Europe, where sales were boosted by particularly favorable weather conditions.

Read the entire news on the source link below.

600450 Saint-Gobain: First Quarter 2007 Sales glassonweb.com
Date: 28 April 2007
Source: Pr-inside.com

See more news about:

See more from these topics:

Others also read

Each of the façades will be opened up to allow maximum daylight and accessibility, whilst replaced by a collection of differing sized ‘boxes’ inserted into the existing structural frame.
Solar has become the driving force behind the boom in renewable energies and solar capacities are growing rapidly. The trend now is to integrate solar cells into building facades and vehicles, mainly their glass surfaces.
Sono-Tek Corporation is pleased to announce the development of a new coating technology – Ultrastatic Enhanced Spray Coating (“ESC”). This unique deposition technology was jointly developed by Sono-Tek Corporation and SAMES KREMLIN, France.
Launched in September 2017, the Solar Smart Mobility project aims to develop and industrialise a total new production area in supple, transparent photovoltaic glazing adapted to transport applications.
Over the last five years, Sandton (South Africa) has been a magnet for large-scale developments. Designed by Boogertman + Partners Architects, the 85 000 m2 Discovery building is one of them.
Compagnie de Saint-Gobain’s Board of Directors decides to propose the renewal of the Director’s term of office of Mr. Pierre-André de Chalendar and to co-opt Ms. Dominique Leroy, CEO of Proximus, as an independent Director.

Add new comment