We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Compagnie De Saint-gobain | COD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.65 | 0.84% | 78.10 | 16:35:16 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 78.10 | 77.45 |
| Industry Sector |
|---|
| CONSTRUCTION & MATERIALS |
| Top Posts |
|---|
Posted at 02/3/2024 07:06 by misca2 The market loses patience with Saint-GobainMarch 01, 2024 at 03:37 pm MarketScreener.com By Kevin Smith The financial results of the world leader in building materials, published yesterday, are always eagerly awaited by investors, who use it to take the pulse of the economy. Three years ago, almost to the day, MarketScreener included the Saint-Gobain share in its European portfolio - it had long since left it - on the grounds that the group seemed well placed to absorb a hyper-inflationary context, thanks in particular to a restructuring and upmarket program in construction chemicals that was already bearing fruit. On a more critical note, however, we emphasized the Group's lack of growth during the previous cycle. The company was emerging from a veritable decade of sluggishness, which had earned it the wrath of the dreaded Elliott activist fund, among other grievances. Three years on, the results for the fiscal year just ended reveal three things: one, Saint-Gobain has indeed managed to pass on inflation, but without benefiting from it either; two, excluding acquisitions, organic growth continues to lag; three, optimization of the business portfolio continues and is producing fairly good results. As proof of these elements, a price increase of 4.6%, which in 2023 will not fully offset a 5.5% drop in volumes; consolidated sales down by 6.4%, with a marked decline in Northern Europe but also a good performance in the US markets; and margins and operating profit that are holding up well in this challenging environment. Not much has changed, then, and the market seems to be getting impatient, since the trend towards compression of Saint-Gobain's valuation multiple is not really reversing - despite a slight upturn of late. It should be pointed out, however, that the process of moving upmarket is bound to take years, and that at the same time the Group is confirming its trajectory of improving profitability, while financial leverage continues to decline. The work of the management team that has been at the helm for the past few years is therefore to be commended, without overlooking the difficult underlying business conditions - which the Swiss Sika Group has so far managed to avoid thanks to a remarkably well-managed acquisitions policy. Share Image Kevin Smith |
Posted at 29/2/2024 21:08 by waldron 2024 outlook and strategic prioritiesIn a geopolitical and macroeconomic environment that remains challenging, Saint-Gobain will continue to demonstrate its resilience and its excellent operating performance, thanks to its focused strategy and its proactive commercial and industrial initiatives. Saint-Gobain expects some of its markets to remain difficult in 2024, especially in the first half of the year owing to a high comparison basis, with a contrasting situation between Europe and the rest of the world: · Europe: resilience in renovation; new construction remaining difficult before gradually reaching its low point country by country; · Americas: construction to hold firm in North America (new build and renovation); recovery expected during the year in Latin America; · Asia-Pacific: good growth in most countries; · High Performance Solutions: Construction Chemicals to see dynamic growth; Mobility to hold firm and a contrasting situation on industrial markets in terms of demand. Against this backdrop, in 2024 the Group will continue to implement the strategic priorities set out in its "Grow & Impact" plan for 2021-2025: 1) Continue our initiatives focused on profitability and free cash flow generation · Constant focus on the price-cost spread; · Productivity initiatives and swift adjustments from country to country where necessary; · Capital expenditure slightly above 4% of sales, with strict allocation to high-growth markets. 2) Outperform our markets by strengthening our profitable growth profile · Enrich our comprehensive range of integrated, differentiated and innovative solutions offering sustainability and performance for our customers; · Continue our value-creating targeted acquisitions and divestments dynamic, and benefit from the successful integration of recent acquisitions. 3) Continued focus on our ESG roadmap as leader in sustainable construction · Promote our positive-impact and low-carbon solutions among our customers; · Extend the decarbonization of construction to the entire value chain, playing our full role as leader in light and sustainable construction. Despite a context which remains difficult in certain markets, in 2024 Saint-Gobain expects a double-digit operating margin for the fourth consecutive year Financial calendar An information meeting for analysts and investors will be held at 8:30am (GMT +1) on March 1, 2024 and will be streamed live on Saint-Gobain's website: www.saint-gobain.com · Sales for the first quarter of 2024: Thursday April 25, 2024, after close of trading on the Paris stock exchange · UK site visit: Tuesday July 2, 2024 |
Posted at 27/5/2020 08:01 by florenceorbis RNS Number : 0501OCompagnie de Saint-Gobain 27 May 2020 PRESS RELEASE May 27, 2020, at 8:00 am SAINT-GOBAIN GROUP COMPLETES SALE OF SIKA SHARES FOR CHF2.56 BILLION -- Saint-Gobain today announces the successful completion of the sale by its subsidiary Schenker-Winkler Holding AG of approximately 15.2 million Sika shares, representing its full stake of 10.75% of Sika's share capital, for a total of CHF2.56 billion. The shares were placed via a private placement to qualified institutional investors by way of an accelerated book-building process. -- As a result of this disposal, Saint-Gobain has generated gross gains of EUR1.54 billion since May 2018. The disposal of the stake in Sika enables Saint-Gobain to strengthen its balance sheet. Saint-Gobain acquired its 10.75% stake in Sika as part of a global agreement with Sika and the Burkard family in May 2018. The Sika shares were held as an equity investment and Saint-Gobain has chosen to recognize any change in the fair value of the Sika shares directly in equity. Pierre-André de Chalendar, Chairman and Chief Executive Officer of Saint-Gobain, commented: "The Sika shareholding has been an outstanding investment for Saint-Gobain over the past two years. We have completed the sale at a price of CHF2.56 billion, equivalent to around EUR2.41 billion, compared to a purchase price of EUR933 million in May 2018. Realizing such an outstanding return on this investment is a very positive development for the Group. The proceeds from the disposal will strengthen Saint-Gobain's balance sheet, increase its financial flexibility and liquidity position in a market environment that remains uncertain. As mentioned at the end of April, depending on how the situation evolves Saint-Gobain will review the Group's shareholder return policy by the end of the year. " Citigroup acted as Sole Global Coordinator on the Private Placement. Citigroup and Lazard acted as financial advisers to Saint-Gobain . 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. EUR42.6 billion in sales in 2019 Operates in 68 countries More than 170,000 employees For more information about Saint-Gobain Visit www.saint-gobain.com and follow us on Twitter @saintgobain |
Posted at 15/7/2019 07:54 by waldron 07/12/2019 | 11:56purchase In progress Entrance course: 33.65 € | Objective: 36 € | Stop: 32.3 € | Potential: 6.98% The technical configuration of the Saint-Gobain title gives signs of a militant reversal in favor of the return of a positive medium-term orientation. We can position ourselves at the purchase to target the 36 €. SAINT-GOBAIN Chart Duration: Period: Saint-Gobain: Saint-Gobain Technical Analysis Chart | Stock Exchange area Full screen graphic Synthesis The company has solid fundamentals. More than 70% of companies have a mix of growth, profitability, debt and lower visibility. The company presents an interesting fundamental situation in a short-term investment perspective. Strong points From a graphic point of view, the timing seems appropriate near the support of 32.41 EUR. Generally, the company publishes above consensus analysts with generally positive surprise rates. The stock is valued on 2019 at 0.62 times its turnover, which represents very attractive valuation levels compared to other companies listed. The company enjoys multiple attractive results. With a PER of 10.17 for 2019 and 9.28 for 2020, the company is among the cheapest in the market. Investors looking for returns may find in this action a major interest. Over the last 7 days, analysts have revised upward their company's EPS estimates. The progression of earnings per share revisions appears very positive in recent months. Analysts now anticipate better profitability than previously. The gap between current prices and the average price target of the analysts covering the file is relatively large and assumes a significant appreciation potential. Weak points The expected evolution of turnover suggests poor growth over the next few years. The margins generated by the company are relatively low. |
Posted at 26/6/2019 07:15 by grupo Compagnie de Saint-Gobain S.A. (EPA:SGO) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of SGO, it is a highly-regarded dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Compagnie de Saint-Gobain here.Excellent balance sheet average dividend payer SGO is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is an important determinant of the company’s health. SGO's has produced operating cash levels of 0.23x total debt over the past year, which implies that SGO's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings. ENXTPA:SGO Historical Debt, June 26th 2019 ENXTPA:SGO Historical Debt, June 26th 2019 SGO pays a decent dividend yield to its shareholders, exceeding the low-risk savings rate, which is able to compensate investors for taking on the risk of holding a risky stock over a riskless asset. That said, please remember that dividend yields are a function of stock prices and corporate profits, both of which can be volatile. ENXTPA:SGO Historical Dividend Yield, June 26th 2019 ENXTPA:SGO Historical Dividend Yield, June 26th 2019 Next Steps: For Compagnie de Saint-Gobain, there are three fundamental factors you should further research: Future Outlook: What are well-informed industry analysts predicting for SGO’s future growth? Take a look at our free research report of analyst consensus for SGO’s outlook. Historical Performance: What has SGO's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SGO? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing! We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at editorial-team@simpl |
Posted at 11/6/2019 19:02 by the grumpy old men SAINT-GOBAIN, the largest increase in the CAC 40 at the end of Tuesday, June 11, 2019 -Posted on 11/06/2019 at 6:02 pm Find this content later by pressing this button (AOF) - SAINT-GOBAIN (+ 2.68% to 33.48 euros) The group signs its third consecutive session on the rise. It remains well oriented (+ 1.47%) over the last five cumulative sessions. AOF - LEARN MORE Strengths of value - World leader in housing, created in 1665; - Group organized into three divisions, distribution for building for 46%, products for construction (29%) and innovative materials; - Positioning in the field of improving the energy efficiency of buildings, renovation accounting for 51% of sales, ahead of new construction (33%) and industries (16% of which 8% for transport); - Increase in the international power, the share of France decreasing to about 25%; - Industrial reorganization in 2019 into four regional entities - Northern Europe, Southern Europe-Middle East-Africa, the Americas and Asia-Pacific - plus a global "High Performance Solutions" entity grouping materials high performance and automotive glazing; - Priority given to high value-added products and solutions, relying in particular on partnerships with start-up incubators; - Local rooting of the distribution branch's operations; - Financially interesting exit from the conflict with the Swiss Sika and purchase of the British SigRoofspace; - Sound financial position, allowing great generosity for the shareholder (share buybacks and high return). Weaknesses in value - Cyclical nature of the activity, 4 / 5ths of sales being made in the construction sector; - Difference in margins between branches - those of distribution being barely above 4%, against 11% in innovative materials and products for construction - and between geographical areas - less than 6% in Western Europe, more than double elsewhere ; - Always low visibility in Germany and the United Kingdom; - Negative impact of foreign exchange and rising variable costs (paper, asphalt ...); - Disappointment of investors after slight downward revision of 2018 results. How to follow the value - Evolution in Europe of housing starts and building permits; - Positive impact of the new government, especially in the energy efficiency sector (about 1/3 of sales in France); - Mid-term objectives: focus on innovation and "new geographies" and reinforcement of local market shares aiming to generate an operating margin between 8.3 and 9.8%; - 2019 program of € 3 billion in disposals and cost reductions; - Exploded capital, Wendel having reduced its position to 2.5% of the capital and 4.5% of the voting rights), characterized by a high level of employee involvement (7.4%). Chinese cement companies are upsetting the codes of the global sector. They benefit from low production costs and excellent performance, proof of international expansion. Until now, China consumed nearly 60% of the world's cement and overcapacity was pulling its prices down. But the Chinese government, seeking to reduce pollution, has closed some cement plants, causing an increase in prices. As a result some analysts consider that China is one of the most profitable markets. In 2018, prices rose by 22%. Three groups dominate the market: the giant Anhui Conch, Huaxin and CRC. To consolidate their power, they are conducting acquisitions, notably with LafargeHolcim and HeidelbergCement. |
Posted at 16/4/2019 11:17 by la forge Saint-Gobain: at least 500 ME for Pont-à-Mousso15/04/2019 13:55 | Bursary | 447 | No vote on this news Saint-Gobain would seek to obtain about 500 million euros from the sale of its distressed subsidiary Pont-à-Mousso Saint-Gobain: at least 500 ME for Pont-à-Mousso Saint-Gobain Credits [FR: FR0000125007: 0] Saint-Gobain [: FR] would seek about 500 million euros from the sale of its distressed subsidiary Pont-à-Mousso Saint-Gobain is looking for a partner for its subsidiary, whose profitability is affected by Asian competition, said Bruno Le Maire recently. A Chinese investor and a US fund have made proposals, said the Minister of Economy. In a note, Kepler Cheuvreux recently estimated the turnover of Pont-à-Mousso A spokeswoman for Saint-Gobain told the agency that the subsidiary represents only a few percentage points of the overall turnover of the company and that it is premature to decide on a potential valuation because the company comes just started looking for potential partners. Saint-Gobain announced last November a program of disposals of non-strategic assets representing a total of at least 3 billion euros of turnover by the end of 2019. |
Posted at 12/3/2019 15:55 by waldron Barclays, Saint-Gobain buy target of 40 euros.important date to remember April 25th. |
Posted at 08/2/2019 09:00 by waldron 07/02/2019 | 10:15purchase In progress Course of entry: 32.15 € | Objective: 38 € | Stop: 28.5 € | Potential: 18.2% The operators were interested again in Saint-Gobain. The technical configuration now appears positive on the short term with a new potential of released. We can position ourselves at the purchase to target 38 €. SAINT-GOBAIN Chart Duration: Period: Saint-Gobain: Saint-Gobain Technical Analysis Chart | Stock Exchange area Full screen graphic Synthesis PUBLICITY inRead invented by Teads The company has solid fundamentals. More than 70% of companies have a mix of growth, profitability, debt and lower visibility. The company presents an interesting fundamental situation in a short-term investment perspective. Strong points Generally, the company publishes above consensus analysts with generally positive surprise rates. The stock is valued in 2018 at 0.6 times its turnover, which represents very attractive valuation levels compared to other companies listed. The company is one of the most attractive in the market in terms of valuation based on multiple results. Investors looking for returns may find in this action a major interest. The analysts covering the file mainly recommend buying or overweighting the stock. The analysts' average price target is relatively remote and assumes significant appreciation potential. Weak points The stock is currently in contact with a mid-term resistance around 33.2 EUR, which will be overcome to have a new growth potential. The expected evolution of turnover suggests poor growth over the next few years. Analysts who cover the issue recently revised down their earnings estimates. The long-term technical configuration remains degraded below the resistance level in weekly data of EUR 36.74. |
Posted at 27/7/2018 10:38 by sarkasm Shares in Compagnie de Saint-Gobain SA (SGO.FR) rose sharply early Friday after and said it would step up its strategic overhaul while reporting first-half results.Net income rose 61% to 1.22 billion euros ($1.43 billion) largely due to the sale of part of its stake in Sika AG (SIKA.EB), which netted the company around EUR754 million. The French building-materials producer said it now plans to sell off underperforming assets with annual sales of EUR3 billion by the end of 2019, which should strengthen group margins by around 0.4%. At 0749 GMT Saint-Gobain was trading 3.8% higher at EUR38.56, having earlier risen more than 5%. The results weren't entirely positive, though. Net debt grew more than expected, to EUR9.29 billion, analysts at Davy Research noted, adding that there was a 1.9% margin contraction at Saint-Gobain's flat-glass division. Local-currency sales growth of 4.9% was "robust," but the translation into 1.7% like-for-like growth in earnings before interest and taxes was fairly underwhelming, according to Deutsche Bank analyst Glynis Johnson. Nevertheless, the company met consensus and left its guidance unchanged, which is reassuring--and investors are most likely to focus on the "eye-catching" disposals program, she said. Write to Nathan Allen at nathan.allen@dowjone (END) Dow Jones Newswires July 27, 2018 04:18 ET (08:18 GMT) |
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
Hot Features
Premium
