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COD Compagnie De Saint-gobain

70.10
-1.05 (-1.48%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Compagnie De Saint-gobain LSE:COD London Ordinary Share FR0000125007 COMPAGNIE DE ST-GOBAIN ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.05 -1.48% 70.10 66.65 73.55 948,892 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Construction Machinery & Eq 47.94B 2.67B - N/A 0

Compagnie de Saint-Gobain Acquisition (5130X)

24/11/2017 4:51pm

UK Regulatory


Compagnie De Saint-gobain (LSE:COD)
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TIDMCOD

RNS Number : 5130X

Compagnie de Saint-Gobain

24 November 2017

PRESS RELEASE

November 24, 2017

Saint-Gobain REINFORCES its strategic positioning

in insulation in central Europe

Saint-Gobain has acquired 90% of the shares of Isoroc Poland and its corresponding brand Isoroc in Europe. Saint-Gobain has owned the Isoroc business and brand in Russia since 2016.

Isoroc Poland operates a stonewool plant with a capacity of 35 thousand tons in Nidzica, 160 km North of Warsaw, and plans to open a new line of 40 thousand tons in 2019 to serve Germany and the Nordics, as well as Poland and its neighboring countries.

Isoroc Poland joins the Group's Insulation business (Construction Products). This acquisition is fully aligned with the Group's strategy to consolidate its positioning and to expand in fast growing markets.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

EUR39.1 billion in sales in 2016

Operates in 67 countries

More than 170,000 employees

www.saint-gobain.com

@saintgobain

 
 
      Analyst/Investor relations               Media relations 
-----------------------------------  -------------------------------- 
                          +33 147 
                           62 44 29 
                           +33 1 47                         +33 147 
 Vivien Dardel             62 30 93                          62 30 10 
  Florent Nouveau          +33 1 47   Laurence Pernot        +33 1 47 
  Floriana Michalowska     62 35 98    Susanne Trabitzsch    62 43 25 
-----------------------  ----------  --------------------  ---------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQBIBFTMBITBIR

(END) Dow Jones Newswires

November 24, 2017 11:51 ET (16:51 GMT)

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