Compagnie De Saint-gobain Share Discussion Threads

[grupo] 13/3/2019 14:10

Saint Gobain
32.045 +0.39%

[waldron] 12/3/2019 16:45

(SGO)
Euronext Paris - 12/03 17:35:24
31.92 EUR +1.72%

[waldron] 12/3/2019 16:43

PARIS (Agefi-Dow Jones) - Saint-Gobain gained 3.1% to 32.35 euros Tuesday morning, following the rise of Barclays recommendation on the value of "weighting online" to "overweight". The bank is seeing a growing disconnect between the construction materials manufacturer and its peers, both in terms of earnings expectations and valuation multiples. "The stock price includes a recession of the type of that of 2009", observes the financial intermediary, which raises its price target to 40 euros, instead of 36 euros before. "The consensus implicitly assumes zero growth in operating profit on a like-for-like basis, which is inconsistent with the sector and neglects exposure to emerging markets, favorable comparison bases for the first half and improved price-cost ratio" says Barclays. ([e-mail]) ed: VLV

[waldron] 12/3/2019 16:35

Apr 25 2019

2019 First Quarter Sales, after market closing (quiet period starting on April 8, 2019)


Jun 06 2019 3:00pm

Annual General Meeting (A.G.M.)

Jul 25 2019

Results for First-Half 2019, after market closing (quiet period starting on July 8, 2019)



Oct 24 2019

2019 Nine months sales, after market closing (quiet period starting on October 8, 2019)

[waldron] 12/3/2019 15:55

Barclays, Saint-Gobain buy target of 40 euros.

important date to remember April 25th.

[la forge] 12/3/2019 07:03

Saint-Gobain: Barclays goes to overweight with a price target raised from 36 to 40 EUR.

[maywillow] 06/3/2019 20:25

6/03/2019 | 7:32 p.m.
Saint-Gobain successfully launches a 1.5 billion euro bond issue in two tranches. The first tranche is for 750 million euros at 5 years with a coupon of 0.625% and the second at 750 million euros at 12 years with a coupon of 1.875%

'With this two-tranche transaction, Saint-Gobain is benefiting from favorable market conditions to extend the average maturity of its debt while optimizing its average financing cost,' the group says.

Saint-Gobain's long-term debt is rated BBB by Standard & Poor's and Baa2

[grupo guitarlumber] 26/2/2019 12:49

Dividend payment of 1.30 € on 11 June

[adrian j boris] 22/2/2019 19:27

22/02/2019 | 4:17 p.m.
Saint-Gobain lost 1.02% to 32.62 euros on the Paris market, after posting a net income group share down 73.2% to 420 million euros for the whole of 2018 And for good reason, the specialist in building materials has depreciated 2 billion assets.

"The acceleration of the transformation of the group continues with the establishment on 1 January 2019 of the new organization," commented the group, which "reviewed its valuation tests taking into account the current situation and revised prospects. down in some trades and countries ".

In this context, the asset depreciation concerns the United Kingdom, which is facing an uncertain context with Brexit in an increased competitive environment; the pipeline and Lapeyre, which are continuing their restructuring; but also the distribution in Germany, whose transfer process is well underway depending on the group.

"This list is strangely similar to the sales we expect," commented Oddo BHF, who remains a BUYER and lowers itsprice target from 47 to 45 euros. The bureau of analysis believes that the reorganization of the group hides a deep transformation, which is not yet appreciated by the market at its fair value

In addition, the building materials specialist posted a net current result up 6% to 1.727 billion over the year, and operating income up 3.1% to 3.122 billion. Gross operating surplus amounted to 4.324 billion, up 2.1%.

Turnover came to 41.774 billion euros, up 2.4% on a reported basis and 4.4% like-for-like.

Organic growth is driven by prices, as well as rising volumes in all geographic areas, in a context still marked by commodity and energy cost inflation.

"Although the results online are reassuring, the decline in cash flow is disappointing," summarized JPMorgan, which remains Neutral, with a target price of 39 euros.

Regarding its outlook for 2019, the group announces that it will continue to discipline its management of its free cash flow and its financial strength.

Thus Saint-Gobain, "in a context of a market that, despite uncertainties, should be generally favorable", aims a further increase in operating income at comparable structure and exchange rates for the current year.


AOL

[maywillow] 22/2/2019 10:07

22/02/2019 | 10:52

BARCELONA (Agefi-Dow Jones) - The € 2.04 billion asset write-down announced by Saint-Gobain on the occasion of its results is difficult to ignore, even if it is not an isolated case in the sector, says Davy Research. This expense erases around 11% of the group's net assets, or about € 3.75 per share, adds the financial intermediary. Except for this announcement, the results of Saint-Gobain in 2018 are quite strong, despite a complicated first half. Sales growth accelerated, but margins remained under pressure, indicating that the group intends to maintain or gain market share in a highly competitive environment, adds Davy Research. The title fell 1.6% to 32.42 euros.

-Nathan Allen, Dow Jones Newswires ed .: LBO

Agefi-Dow Jones The financial newswire

[maywillow] 22/2/2019 08:32

22/02/2019 | 9:18

PARIS (Agefi-Dow Jones) - Construction materials producer Saint-Gobain fell 2.7% in early trading Friday, to 32.28 euros, after publishing its annual results. Although the group's publication was broadly in line with expectations, the cash flow generation was disappointing, according to JPMorgan Cazenove.

[e-mail] ed: ECH

Agefi-Dow Jones The financial newswire

[sarkasm] 21/2/2019 23:21

22/02/19 | 08:30 Year 2018 Presentation of the results

[waldron] 21/2/2019 18:05

Compagnie de Saint-Gobain SA (SGO.FR) said Thursday that its 2018 net profit more than halved after it booked a large asset impairment, and proposed a slightly higher dividend than the year before.

The French construction-materials company reported net profit of 420 million euros ($476.5 million) for the year, down from EUR1.57 billion in 2017.

This was due to a EUR2 billion asset impairment, which mainly concerns "distribution in the U.K., Pipe, Lapeyre and distribution in Germany," Saint-Gobain said.

Saint-Gobain's sales for the year increased 2.4% to EUR41.77 billion. The company said that sales grew organically by 4.4% for the year and 4.8% during the last quarter of the year, and said it benefited from a strong pricing dynamic.

Analysts had seen sales for the year at EUR41.66 billion, according to a consensus estimate provided by FactSet.

Operating income for the year was EUR3.12 billion, up 4.5% year-on-year on a like-for-like basis, meeting the company's 2018 view of a LFL increase in operating income.

The company proposed a dividend of EUR1.33 a share, up from EUR1.30 a share the year before.



Write to Cristina Roca at [e-mail]; @_cristinaroca



(END) Dow Jones Newswires

February 21, 2019 12:42 ET (17:42 GMT)

[waldron] 21/2/2019 17:47

Outlook

The Group expects the following trends for its new reporting units in 2019:

- High Performance Solutions: industrial markets should remain supportive, particularly in the US, despite uncertainties on the automotive market in Europe and China;

- Northern Europe: should progress despite uncertainties in the UK with the increased risk of a no-deal Brexit;

- Southern Europe, Middle East and Africa: overall growth expected for the Region, with a construction market in France which should be supported by renovation while new construction could be down from the second half;

- Americas: market growth in both North and Latin America;

- Asia: further growth.

Saint-Gobain will continue its disciplined approach with regard to its free cash flow and its financial strength. In particular, it will maintain:

- its focus on sales prices amid continued inflationary pressure on costs;

- its cost savings program, with the aim of unlocking additional savings of around EUR300 million (calculated on the 2018 cost base), as well as more than EUR50 million in 2019 as part of the "Transform and Grow" program;

- its capital expenditure program close to the 2018 level, with a focus on growth capex outside Western Europe and also on productivity and continued digital transformation;

- its commitment to invest in R&D to support its differentiated, high value-added strategy;

- its focus on high levels of free cash flow generation.

The Group is targeting a further like-for-like increase in operating income in 2019.

Financial calendar

- An information meeting for analysts and investors will be held at 8:30am (GMT+1) on February 22, 2019 and will be broadcast live on:

www.saint-gobain.com/en/full-year-2018-results

- Sales for the first quarter of 2019: April 25, 2019, after close of trading on the Paris Bourse.

- First-half 2019 results: July 25, 2019, after close of trading on the Paris Bourse.

[waldron] 21/2/2019 07:22

Après Bourse :
- Saint-Gobain / résultats annuels

[grupo guitarlumber] 20/2/2019 18:42

21/02/19 Year 2018 Publication of results

[waldron] 19/2/2019 06:31

21/02/19 Year 2018 Publication of results

[waldron] 08/2/2019 09:00

07/02/2019 | 10:15
purchase
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.

[waldron] 05/2/2019 16:46

PARIS (Agefi-Dow Jones) - Saint-Gobain's stock rose sharply on Tuesday, gaining 6% to 31.60 euros among the largest increases in the SBF 120 following reassuring remarks by Pierre-André de Chalendar, the CEO of the company.


"The stock price does not reflect the good health of Saint-Gobain" said Monday evening the leader in an interview on France Info, while the action of the world leader in housing fell by just over 35 % in 2018.


The annual results of the group that will be released on February 21 "show an improvement in our situation," while the outlook for 2019 "are not so bad," said the boss of the producer of building materials. In France, especially "the energy renovation, one of the major markets of Saint-Gobain, is doing pretty well," said the leader.


However, if "Saint-Gobain is fine, Saint-Gobain could go even better," said Pierre-Andre de Chalendar, as the group is preparing to "transform in depth". "We are actually going to simplify our structures with an organization that will give more responsibility to countries, to bring us closer to customers."


François Berthon, Agefi-Dow Jones; [phone]; [e-mail] ed: ECH


Website :


holy gobain_3154373.html


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


February 05, 2019 10:17 ET (15:17 GMT)

[grupo] 05/2/2019 12:31

Course objective 3 months: 41.26 EUR - Potential: 30.98%

[grupo] 05/2/2019 11:08

5/02/2019 | 12:01
SAINT-GOBAIN (+ 5% to 31.28 euros)

Saint-Gobain signs the biggest rise in the CAC 40, following an interview with Pierre-André de Chalendar, CEO of the group, on France Info. "The results we are going to release in a few days show an improvement in our situation, Saint-Gobain is doing well, and Saint-Gobain could do better," he said.

[waldron] 05/2/2019 10:25

Average recommendation ACCUMULATE
Number of Analysts 21
Course objective Medium € 43.0
Variance / Objective Medium 38%

[waldron] 05/2/2019 10:10

21/02/19 Year 2018 Publication of results

i guess the spike up is due to the reorganistion