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

Pr-inside.com

2007-04-28T13:00:00

Saint-Gobain: First Quarter 2007 Sales glassonweb.com

See more news about:

Saint-Gobain Glass France

WhatsApp LINKEDIN FACEBOOK X PRINT MORE

Others also read

MORE...

Investments in Egypt on a roll | Saint-Gobain

The Ain Sokhna float plant in Egypt will see its capacity increased with the construction of a second flat glass production line.

Saint-Gobain Glass Launches Its New COOL-LITE® SKN 175

Enhanced solar control glass with exceptional performance

Saint-Gobain signs a definitive agreement to acquire CSR Limited

Saint-Gobain solidifies its presence in the Australian market with the signing of a definitive agreement to acquire CSR Limited.

Saint-Gobain in advanced talks to acquire CSR

This acquisition would be fully aligned with Saint-Gobain’s strategy as a worldwide leader in light and sustainable construction and an opportunity to enter the Australian market.