Saint-Gobain: First Quarter 2007 Sales

Date: 28 April 2007

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

See more news about:

Others also read

Compagnie de Saint-Gobain today held its Shareholders’ Meeting, at the close of which it also held a Board of Directors’ meeting, in the composition resulting from the Shareholders’ Meeting.
Saint-Gobain Glass and VEKA Recycling have joined forces in a pioneering partnership to transform post-consumer glass recycling in the UK fenestration industry.
Cornwall Group celebrates 25 years of partnership with Saint-Gobain Glass, built on shared values of quality, innovation, and resilience.
Saint-Gobain Glass and Eckersley O’Callaghan unite to drive the market toward low-carbon façades.
With over 50 years of expertise, Unelko’s Invisible Shield PRO 15 is setting new standards in glass protection, earning the trust of major industries and global glass producers.
Maud Thuaudet appointed Group Chief Financial Officer. Sreedhar N. appointed CEO for the Asia-Pacific Region.

Add new comment

From industry