We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Compagnie de Saint Gobain (PK) | USOTC:CODYY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.11 | -0.69% | 15.85 | 15.54 | 16.07 | 16.09 | 15.85 | 16.0699 | 232,781 | 21:02:54 |
By Nathan Allen
Compagnie de Saint-Gobain SA (SGO.FR) backed its guidance Thursday after reporting a sharp drop in first-half net profit due to a large gain booked last year.
The French construction-materials company said profit fell to 689 million euros ($767.7 million) from EUR1.22 billion a year earlier. Saint-Gobain booked a EUR781 million gain on the sale of its stake in Sika AG (SIKA.EB) last year.
Earnings before interest, taxes, depreciation and amortization, which strips out the effect of the sale, rose to EUR2.42 billion from EUR2.07 billion, the company said.
Meanwhile, sales climbed to EUR21.68 billion from EUR20.79 billion.
Chief Executive Pierre-Andre de Chalendar said the positive results were driven by upbeat trends in its main markets, better sales prices in relation to costs and advances in the group's portfolio-optimization plan.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 25, 2019 12:38 ET (16:38 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Compagnie de Saint Gobain (PK) Chart |
1 Month Compagnie de Saint Gobain (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions