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SGO Cie de SaintGobain

77.70
2.00 (2.64%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cie de SaintGobain EU:SGO Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 2.64% 77.70 77.60 77.98 78.38 75.94 76.30 1,131,997 16:40:00

Saint-Gobain 1Q Revenue Falls on Weaker Western European Demand

28/04/2015 5:57pm

Dow Jones News


Cie de SaintGobain (EU:SGO)
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By Noemie Bisserbe

PARIS--Compagnie de Saint-Gobain SA's (SGO.FR) revenue slid 0.2% in the first-quarter, as strong-emerging market demand for building materials failed to offset sluggish growth in Western Europe.

Saint-Gobain said Tuesday its sales fell to 9.86 billion euros ($10.72 billion) in the three months to March 31 from EUR9.87 billion in the year-earlier period. Discounting the effects of foreign-exchange fluctuations and mergers and acquisitions, sales fell 1.2%, the company said.

Analysts polled by FactSet expected sales of EUR9.89 billion.

Saint-Gobain said it still expected operating income this year to be higher than in 2014, excluding the effects of currency fluctuations.

Write to Noemie Bisserbe at noemie.bisserbe@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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