 Showing 651 to 673 of 675 messages
| Date | Subject | Author | Discuss |
|---|
11/6/2025
06:24:00 | DIVI Pay date 11 Jun 2025 (Wed) |
waldron | |
05/6/2025
22:07:43 | DEEPENING OF THE LOCAL MODEL
AND CHANGES IN THE EXECUTIVE COMMITTEE AS OF JULY 1, 2025
· A new stage in the Group's transformation, with a fully regional organization
to accelerate growth of our solutions country by country
· A renewed Executive Committee to lead the next phase of the Group's profitable growth, which will be presented at the Capital Markets Day on October 6, 2025
Benoit Bazin, Chairman and Chief Executive Officer:
"Our decentralized country-based organization set up in 2019 and rolled out with our "Transform & Grow" and then "Grow & Impact" strategic plans has been key to our success. Today we are taking a new step forward with the deepening of our local organizational model. Country CEOs will now be responsible for the full range of Saint-Gobain's solutions, including those previously managed within High Performance Solutions, such as construction chemicals and industrial solutions. The local management of all product lines is designed to accelerate sales growth in each market segment and address an increasingly fragmented geopolitical environment.
To maximize our operating performance and the deployment of our full range of solutions in each country, along with best manufacturing, digital and business practices, we are putting in place a new Group Operational Performance department.
We will present our new strategic plan at our Capital Markets Day on October 6, and I know I can count on our teams to drive this new phase of profitable growth. Today I'm pleased to announce the Executive Committee that will be in place as of July 1 to successfully roll out our ambitions as worldwide leader in light and sustainable construction."
A decentralized organization to enhance our local model
As of July 1, 2025, country CEOs - with expanded responsibilities - will be in charge of selling the entire range of Saint-Gobain's solutions. They will aim to accelerate local growth of the Group's multi-product offer, including the development of specified sales and key-account management to unlock the full potential of Saint-Gobain's solutions in each country. Country CEOs will be supported by a Group Operational Performance department to guide and support them.
Saint-Gobain is thereby strengthening its local organizational model to accompany the growing regionalization of its customers - notably in industrial markets - and to adapt to the global geopolitical environment. All of the Group's solutions, including those currently part of High Performance Solutions, will now be managed by country, in close proximity to customers. Saint-Gobain already benefits from local value chains (industrial footprint, logistics, procurement, branding, sales and customers) with no direct exposure to customs barriers, as well as from its major innovation hubs being regionalized: in Europe (France and Germany), the US, India, Brazil and China.
In terms of reporting, the Group will publish its accounts based on four Regions (Northern Europe, Southern Europe - Middle East & Africa, Americas, Asia-Pacific).
It will also report quarterly sales figures for its industrial solutions (the part of High Performance Solutions exposed to industrial end-markets). Once a year, it will provide a breakdown of its sales by major product line.
During the transition period, reporting based on both the existing and the new structure will be available for 2024 and 2025:
- In the first half of 2025, the Group will publish its accounts based on its existing organization (i.e., four Regions and High Performance Solutions) and provide equivalent figures based on its new organization (four Regions).
- In the second half and for its full-year 2025 results, it will publish its accounts based on its new organization and will provide equivalent figures based on its existing organization.
At its Capital Markets Day scheduled for October 6, the Group will present its profitable growth trajectory based on its new organization. |
waldron | |
05/6/2025
09:59:09 | 05 Jun 2025
Annual General Meeting (AGM)
June 5, 2025 (Paris), 3:00 p.m., Salle Pleyel, 75008 Paris. |
gibbs1 | |
04/6/2025
07:40:00 | Compagnie de Saint-Gobain New plant
04/06/2025 7:17am
RNS Regulatory News
RNS Number : 3743L
Compagnie de Saint-Gobain
04 June 2025
SAINT-GOBAIN launches IN FINLAND ITS LOWEST CARBON
GLASS WOOL INSULATION PLANT in the world
Saint-Gobain announces the launch of very low-carbon (scope 1 & 2) glass wool production at its Isover plant in Forssa, Finland.
The Forssa plant is now powered exclusively by decarbonized energy thanks to the installation of 3 pressurized biogas tanks. This new equipment completes a biogas supply by pipeline directly connected to a local producer, in operation since 2010. Biogas now accounts for 50% of the energy used by the site, with the remaining 50% supplied by hydroelectric power.
This modernization of existing infrastructure illustrates the Group's commitment to efficient, low-carbon transformation, via targeted investment and ongoing optimization of operations.
The new equipment will prevent the emission of 1,500 tonnes of CO₂ per year.
On average, the products' carbon footprint will be reduced by 30% to 40%[1] over its whole-life cycle compared to equivalent products currently produced using different energy mixes.
These developments strengthen the Group's leadership in light construction in Finland, while meeting strong demand for efficient and sustainable solutions that enhance occupant comfort and reduce the carbon footprint of buildings.
Saint-Gobain has a long-standing commitment in Finland to reducing the environmental footprint of its new construction and renovation solutions. The glass wool produced by Saint-Gobain in Finland contains up to 80% recycled glass, making the company the largest user of recycled glass in the country.
This new achievement is a concrete illustration of Saint-Gobain's ambition to reach net zero carbon emissions by 2050.
About Saint-Gobain
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose "MAKING THE WORLD A BETTER HOME".
€46.6 billion in sales in 2024
More than 161,000 employees, locations in 80 countries
Committed to achieving net zero carbon emissions by 2050
For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain |
grupo | |
03/6/2025
07:47:25 | 05 Jun 2025
Annual General Meeting (AGM)
June 5, 2025 (Paris), 3:00 p.m., Salle Pleyel, 75008 Paris.
31 Jul 2025
First half 2025 results
July 31, 2025 after market closing
(quiet period starting on July 8, 2025)
30 Oct 2025
First nine months 2025 sales
October 30, 2025 after market closing
(quiet period starting on October 8, 2025) |
waldron | |
31/5/2025
19:17:36 | Compagnie de Saint-Gobain New plant
20/05/2025 5:12pm
RNS Regulatory News
RNS Number : 4726J
Compagnie de Saint-Gobain
20 May 2025
SAINT-GOBAIN to launch ITS first LOW-CARBON
STONE WOOL INSULATION plant in the UK
Saint-Gobain has announced the launch of a new low-carbon stone wool insulation plant in the UK, which will be located on a site owned by the Group in Melton Mowbray, Leicestershire, and is expected to begin production in 2027.
The facility will initially produce 50,000 tonnes per year of high-performance stone wool insulation for the UK market with the potential to double its output to 100,000 tonnes per year.
The new manufacturing facility will benefit from cutting-edge technology, including a fully electric furnace, powered by renewable electricity. This flagship investment will help customers reduce the embodied carbon of construction projects by lowering the CO2 (scope 1 and 2) footprint of stone wool insulation[1]. It will help meet the country's growing demand for both stone wool and low-carbon solutions.
New low-carbon stone wool manufacturing further reinforces Saint-Gobain's comprehensive offer to customers in the UK that includes fully tested systems incorporating the Group's existing plasterboard, construction chemicals, glazing, insulation and steel frame structural systems. Together, these solutions for light and sustainable construction make Saint-Gobain the undisputed leader in building envelopes in the UK and will contribute to driving further growth.
This project is part of Saint-Gobain's commitment to achieving net zero carbon emissions by 2050.
About Saint-Gobain
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose "MAKING THE WORLD A BETTER HOME".
€46.6 billion in sales in 2024
More than 161,000 employees, locations in 80 countries
Committed to achieving net zero carbon emissions by 2050
For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain |
gibbs1 | |
05/5/2025
12:44:54 | Latest Dividends
Summary Previous dividend Next dividend
Status Paid Declared
Type Final Final
Per share 210¢ 220¢
Declaration date 01 Mar 2024 (Fri) 27 Feb 2025 (Thu)
Ex-div date 10 Jun 2024 (Mon) 09 Jun 2025 (Mon)
Pay date 12 Jun 2024 (Wed) 11 Jun 2025 (Wed) |
ariane | |
28/4/2025
11:11:00 | Saint-Gobain: Berenberg maintains its buy recommendation with a price target raised from EUR 94 to EUR 110.
Sanofi: HSBC maintains its buy recommendation with a price target reduced from EUR 130 to EUR 115. |
adrian j boris | |
22/4/2025
10:15:00 | SAINT-GOBAIN once again FEATURED ON
CDP'S "CLIMATE A LIST"
Une image contenant texte, Police, capture d’écran, conception Le contenu généré par l’IA peut être incorrect.Saint-Gobain is proud to be recognized once again by the non-profit organization CDP for its leadership and its actions in the fight against climate change, by being included in CDP's prestigious "Climate A List".
Only 2% of the companies assessed receive an "A" rating, an acknowledgment that highlights the Group's strong emphasis on transparent environmental data reporting and the alignment of its strategy with the goals of the Paris Agreement. Through ambitious initiatives to reduce both its own carbon footprint and that of its customers, to adopt practices that foster the development of a circular economy, and to promote decent housing for all, Saint-Gobain is demonstrating its leadership in sustainable construction.
Claire Pedini, Senior Vice President, Human Resources and Corporate Social Responsibility, stated: "We are honored to be included on CDP's Climate A List. This recognition rewards our continued commitment to embedding sustainability at the heart of our business strategy. Maximizing our positive impact and minimizing our footprint is the approach that guides our daily actions. Thank you to all the Saint-Gobain teams who work every day, through our solutions, to decarbonize the construction sector, support its transition toward sustainable building, and reduce our environmental impact. Our inclusion on CDP's Climate A List is a collective achievement."
Over the past year, Saint-Gobain has continued to leverage its technological innovation and commercial expertise in support of its environmental and climate commitments, while offering renovation and new construction solutions that combine comfort and sustainability, as detailed in the Group's 2024 climate notebook. By the end of 2024, the Group had reduced its carbon footprint by 34% in absolute terms compared to 2017.
CDP's rating, based on an annual assessment of over 22,700 companies, is globally recognized as the benchmark for corporate environmental transparency. Companies are evaluated on criteria such as the comprehensiveness of disclosure, awareness and management of environmental risks, and the demonstration of best practices associated with environmental leadership.
The full list of the companies included in this year's "Climate A List" is available here: CDP Scores and A Lists.
About Saint-Gobain
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose "MAKING THE WORLD A BETTER HOME".
€46.6 billion in sales in 2024
More than 161,000 employees, locations in 80 countries
Committed to achieving net zero carbon emissions by 2050
For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain
Analyst/investor relations
Press relations
Vivien Dardel:
+33 1 88 54 29 77
Patricia Marie:
+33 1 88 54 26 83
Floriana Michalowska:
+33 1 88 54 19 09
Laure Bencheikh:
+33 1 88 54 26 38
Alix Sicaud:
+33 1 88 54 38 70
Yanice Biyogo:
+33 1 88 54 27 96
James Weston:
+33 1 88 54 01 24 |
ariane | |
22/4/2025
10:13:15 | First quarter 2025 sales
April 24, 2025 after market closing |
ariane | |
17/4/2025
10:15:25 | 17 April 2025, 08:05
Barclays analyst Pierre Rousseau maintains his
buy opinion on the share. The target price has been revised downwards
from EUR 122 to EUR 112.
SAINT GOBAIN : Positive opinion from Jefferies
17 April 2025 at 08:22
Already positive on the stock, Jefferies research
and its analyst Glynis Johnson still consider the stock to be a
buy opportunity. The target price has been lowered from EUR 150 to EUR 140
.
Zonebourse with dpa-AFX Analyser
Translated with DeepL.com (free version) |
adrian j boris | |
26/3/2025
07:20:51 | Compagnie de Saint-Gobain Bond issue
26/03/2025 7:00am
RNS Regulatory News
RNS Number : 1425C
Compagnie de Saint-Gobain
25 March 2025
SAINT-GOBAIN has SUCCESSFULLY PRICED A DOUBLE TRANCHE
EUR 1.2 BILLION BOND ISSUE CONSISTING OF:
· EUR 700 million with a 3-year maturity and a 2.75% coupon
· EUR 500 million with a 8-year maturity and a 3.50% coupon
With this transaction Saint-Gobain has taken advantage of favorable market conditions to anticipate its future refinancing needs.
The bonds were nearly 3 times oversubscribed, with over 150 investors demonstrating confidence in the Group's credit quality.
Saint-Gobain's long-term senior debt is rated BBB+ (stable outlook) by Standard & Poor's and Baa1 (stable outlook) by Moody's.
Deutsche Bank and NatWest acted as global coordinators and active bookrunners, while Barclays, BBVA, CaixaBank, J.P. Morgan, Mizuho and Natixis also acted as active bookrunners on this bond issue.
About Saint-Gobain
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose "MAKING THE WORLD A BETTER HOME".
€46.6 billion in sales in 2024
More than 161,000 employees, locations in 80 countries
Committed to achieving net zero carbon emissions by 2050
For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain |
ariane | |
25/3/2025
21:35:11 | Saint-Gobain: strong interest in bond issue
By Alexandra Saintpierre Published on 25/03/2025 at 19:55
(Boursier.com) - Saint-Gobain has successfully launched a €1.2 billion bond issue in two tranches:
- 700 million euros at 3 years with a coupon of 2.75% and
- 500 million at 8 years with a coupon of 3.5%.
The issue was almost 3 times oversubscribed, with more than 150 investors showing their confidence in the credit quality of the Saint-Gobain Group.
With this transaction, Saint-Gobain benefits from favourable market conditions to anticipate its future refinancing needs.
Saint-Gobain's long-term debt is rated ‘BBB+’ (stable outlook) by Standard & Poor's and ‘Baa1’ (stable outlook) by Moody's.
Translated with DeepL.com (free version)
BOURSIER |
waldron | |
09/3/2025
08:21:19 | Consensus des analystes au 09/03/25*
Objectif de cours 3 mois : 106,12 EUR - Potentiel: 0,21% |
waldron | |
07/3/2025
20:21:20 | > Compagnie de Saint Gobain SA
105.90 EUR 0.00 (0.00%)today
Mar 7, 17:35 GMT+1 •
Open
105.10
High
106.65
Low
102.90
Mkt cap
52.46B
P/E ratio
18.76
Div yield
2.08%
52-wk high
106.65
52-wk low
67.48 |
gibbs1 | |
01/3/2025
08:35:32 | SAINT GOBAIN: Jefferies remains Buy
February 28, 2025 at 16:55
Already a buyer, Jefferies continues to recommend the stock
in a research note published by Glynis Johnson.
The price target is little changed and now stands at EUR 150 compared with EUR 147.
Zonebourse with dpa-AFX Analyser |
la forge | |
28/2/2025
09:31:09 | Compagnie de Saint Gobain SA
97.70 EUR +2.80 (2.95%)
today
Feb 28, 10:14 GMT+1 |
waldron | |
26/2/2025
14:45:01 | SGO Cie de SaintGobain
96.74 3.16 (3.38%)
Last Updated: 14:21:30 |
florenceorbis | |
25/2/2025
09:37:50 | Estimating The Fair Value Of Compagnie de Saint-Gobain S.A. (EPA:SGO)
Simply Wall St
February 25, 2025
ENXTPA:SGO
Key Insights
The projected fair value for Compagnie de Saint-Gobain is €97.30 based on 2 Stage Free Cash Flow to Equity
With €93.36 share price, Compagnie de Saint-Gobain appears to be trading close to its estimated fair value
The €102 analyst price target for SGO is 4.4% more than our estimate of fair value
How far off is Compagnie de Saint-Gobain S.A. (EPA:SGO) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by projecting its future cash flows and then discounting them to today's value. Our analysis will employ the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine.
Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.
Check out our latest analysis for Compagnie de Saint-Gobain
Step By Step Through The Calculation
We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To start off with, we need to estimate the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.
A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars:
10-year free cash flow (FCF) forecast
2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Levered FCF (€, Millions) €3.47b €3.70b €3.61b €3.56b €3.55b €3.55b €3.58b €3.61b €3.65b €3.69b
Growth Rate Estimate Source Analyst x4 Analyst x4 Est @ -2.47% Est @ -1.26% Est @ -0.42% Est @ 0.18% Est @ 0.59% Est @ 0.88% Est @ 1.09% Est @ 1.23%
Present Value (€, Millions) Discounted @ 8.3% €3.2k €3.2k €2.8k €2.6k €2.4k €2.2k €2.0k €1.9k €1.8k €1.7k
("Est" = FCF growth rate estimated by Simply Wall St)
Present Value of 10-year Cash Flow (PVCF) = €24b
The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (1.6%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 8.3%.
Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = €3.7b× (1 + 1.6%) ÷ (8.3%– 1.6%) = €55b
Present Value of Terminal Value (PVTV)= TV / (1 + r)10= €55b÷ ( 1 + 8.3%)10= €25b
The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is €49b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Relative to the current share price of €93.4, the company appears about fair value at a 4.0% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind.
dcf
ENXTPA:SGO Discounted Cash Flow February 25th 2025
The Assumptions
We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Compagnie de Saint-Gobain as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.3%, which is based on a levered beta of 1.321. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.
SWOT Analysis for Compagnie de Saint-Gobain
Strength
Earnings growth over the past year exceeded the industry.
Debt is not viewed as a risk.
Dividends are covered by earnings and cash flows.
Dividend information for SGO.
Weakness
Earnings growth over the past year is below its 5-year average.
Dividend is low compared to the top 25% of dividend payers in the Building market.
Opportunity
Annual earnings are forecast to grow for the next 4 years.
Good value based on P/E ratio and estimated fair value.
Threat
Annual earnings are forecast to grow slower than the French market.
What else are analysts forecasting for SGO?
Next Steps:
Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. For Compagnie de Saint-Gobain, there are three fundamental factors you should look at:
Risks: Take risks, for example - Compagnie de Saint-Gobain has 1 warning sign we think you should be aware of.
Future Earnings: How does SGO's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.
Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered!
PS. Simply Wall St updates its DCF calculation for every French stock every day, so if you want to find the intrinsic value of any other stock just search here.
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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. |
waldron | |
24/2/2025
09:11:54 | Technical analysis trends
Short Term Mid-Term Long Term
Resistance 98 98 96.68
Support 90.58 86.94 83.9 |
waldron | |
24/2/2025
09:08:41 | Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
94.44EUR
Average target price
101.59EUR
Spread / Average Target
+7.57%
High Price Target
147.00EUR
Spread / Highest target
+55.65%
Low Price Target
72.00EUR
Spread / Lowest Target
-23.76%
MarketScreener |
waldron | |
24/2/2025
09:02:11 | Compagnie de Saint Gobain SA
93.54 EUR −0.90 (0.95%)
Feb 24, 09:42 GMT+1
93.54 EUR 09:42
Open
94.40
High
94.92
Low
93.16
Mkt cap
46.68B
P/E ratio
16.45
Div yield
2.25%
52-wk high
98.66
52-wk low
67.11
éééééééééééééééééééééééééééééééééééééééééééééééééééééééééééééééééééééééééé
CERTAINLY HAVING A GOOD RUN BUT I FEEL MIGHT START TO TOP OUT ONCE DIVI PAID |
waldron | |
10/2/2025
07:51:31 | Compagnie de Saint-Gobain Acquisition
10/02/2025 7:12am
RNS Regulatory News
RNS Number : 4963W
Compagnie de Saint-Gobain
10 February 2025
SAINT-GOBAIN COMPLETES THE ACQUISITION OF FOSROC, a leading player in Construction chemicals in asia and emerging markets, further strengthening
its worldwide presence in the sector
Saint-Gobain has completed the acquisition announced on June 27, 2024, of FOSROC, a leading global construction chemicals player with a strong geographic footprint in India, the Middle East and Asia-Pacific in particular.
Following the acquisitions of Chryso, GCP and OVNIVER (Cemix brand), this represents another important step in establishing Saint-Gobain's worldwide presence in construction chemicals, which will have combined sales of €6.5 billion across 76 countries following the acquisition (pro forma).
FOSROC is expected to have generated revenues of $487 million in 2024, with a growth rate of around 11% per year on average since 2021. With 20 manufacturing plants and around 3,000 employees, FOSROC provides a wide range of technical solutions for the construction industry, including admixtures and additives for concrete and cement, adhesives and sealants, waterproofing solutions, concrete repair solutions and flooring.
This acquisition strengthens Saint-Gobain's presence in high-growth emerging markets, notably India and the Middle East and is fully aligned with the Group's strategy to be the worldwide leader in light and sustainable construction.
FOSROC will be consolidated into the High Performance Solutions segment.
About Saint-Gobain
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose "MAKING THE WORLD A BETTER HOME".
€47.9 billion in sales in 2023
160,000 employees, locations in 79 countries
Committed to achieving net zero carbon emissions by 2050
For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain |
waldron | |
|
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