Compagnie De Saint-gobain Share Discussion Threads

[the grumpy old men] 27/4/2019 07:01

26/04/2019 | 4:23 p.m.
The title shows a gain of more than 1% this afternoon after several days of decline. Barclays reaffirms its recommendation to overweight Saint-Gobain and raises its price target from 40 to 46 euros, after a first-quarter publication deemed stronger and positive comments from management.

"The action remains of excellent value in our opinion, and the realization of sales could release significant value," said the broker, noting that the title of the French supplier of building materials remains his favorite in the sector.

Recall that the group announced a turnover of 10 378 million euros with real data, growth of 6.4%, with a foreign exchange effect of + 0.6%. Like-for-like, sales were up + 5.7%.

The Group has confirmed its outlook for the whole of 2019. 'In line with our target for February, we are aiming for a further increase in operating income in 2014 with a comparable structure and exchange rate', indicates the management. .

[waldron] 26/4/2019 06:56

Saint Gobain: Barclays remains overweight with a target price up from 40 to 46 EUR.

[waldron] 25/4/2019 18:11

Compagnie de Saint-Gobain SA (SGO.FR) said Thursday that first-quarter sales rose, helped by a weak comparison basis in the year-earlier period.

The French construction-materials company had sales of 10.38 billion ($11.62 billion), compared with EUR9.76 billion in the same period the year earlier. On a like-for-like basis, sales grew by 5.7%.

"Prices continued to progress along the lines of last year's upbeat trends in a slightly lower inflationary environment," the company said.

Saint-Gobain confirmed its 2019 outlook and said it continues to target a further like-for-like increase in operating income.



Write to Sarah Sloat at [e-mail]



(END) Dow Jones Newswires

April 25, 2019 12:24 ET (16:24 GMT)

[la forge] 25/4/2019 17:52

25/04/2019 | 6:49 p.m.

Paris (awp / afp) - The Saint-Gobain construction and distribution materials group posted Thursday sales up 6.4% in the first quarter, driven by growth in its core business segments and regions.

The quarterly revenue stands at 10.4 billion euros, above consensus, benefiting both growth in sales volumes and well-oriented prices, the group said in a statement.

Sales also benefited from a favorable currency effect, due to the appreciation of the dollar against the euro, and despite the decline in other currencies (Brazilian real and other currencies in Asia and emerging countries) .

Overall, organic growth (constant scope and exchange rates) for the quarter was 5.7%.

The group has confirmed its 2019 target of further growth in operating income, at constant scope and exchange rates.

Sales in the first quarter notably increased significantly in the group's first two business segments, Northern Europe and Southern Europe, Middle East and Africa (MOA), which together account for nearly 70% of sales. business.

These divisions recorded organic growth of 7.8% for Northern Europe and 5% for Southern Europe MOA.

The group pointed out that the UK has been growing despite the uncertain economic environment related to Brexit. The Nordic countries had a good start to the year, as did Germany.

France also recorded a "very good start to the year", driven by the construction market, renovation and new.

In the High Performance Solutions sector, which primarily serves the automotive, industrial and construction markets, sales grew 2.4% on a comparable basis despite a weak automotive sector in Europe and the United States. in China.

The Americas zone was up 4.6%, still on a comparable basis, with notably a good price effect in North America.

Finally, the Asia-Pacific was also organic growth of 7.7%, helped by glazing for the building. But this segment is the only one to be down in published data (-3.6%).

Saint-Gobain confirmed its business outlook announced in February, with industrial markets considered satisfactory, despite the automobile, and growth overall in Europe and the Americas.

Priority will remain at selling prices to offset increases in production costs as well as cost savings.

afp / rp

[maywillow] 24/4/2019 10:52

PRESS RELEASE

April 24, 2019

Saint-Gobain ENTERS THE PLASTERBOARD MARKET IN MEXICO

Saint-Gobain has just completed the acquisition of the entire capital of KNAUF Mexico, a company specializing in the manufacture and distribution of plasterboard. KNAUF Mexico had close to EUR30 million in sales in 2018.

This acquisition marks Saint-Gobain's entry onto the Mexican plasterboard market and rounds out its current plasterboard offering for buildings and ceilings.

The transaction enables the Group to reinforce its presence on a fast-changing construction market, where it already enjoys a leading position in the glass market.

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.

EUR41.8 billion in sales in 2018

Operates in 67 countries

More than 180,000 employees

To learn more about Saint-Gobain

go to www.saint-gobain.com

and follow us on Twitter @saintgobain

[grupo] 23/4/2019 09:12

23/04/2019 | 10:15

PRESS RELEASE

April 23, 2019

The platform of inspiration, advice and services saint-gobain.fr is enriched with new features and has a new identity: La Maison Saint-Gobain

New identity, new logo, new worlds of the house and an ambition reaffirmed for the site saint-gobain.fr which becomes lamaisonsaintgobain.fr. This new platform accompanies individuals from A to Z in their development and renovation projects by always offering more ideas for inspiration, solutions for the home and networking with partner craftsmen, architects and architects. coach work.

Find inspiration, formalize your project, estimate your budget, find the right craftsmen and architects, make the most innovative technical choices, delegate your administrative procedures, know how to benefit from any tax assistance or even call on a Coach Works for

personalized support for the design of his project to the delivery of the site ..., in a single address, lamaisonsaintgobain.frmet available to individuals all the expertise of Saint-Gobain for a more comfortable, healthier and more responsible.

More inspiration, more advice, more services for an even more welcoming platform!

Launched in March 2018, the site is enriched with new content and new practical features to better support individuals in their projects It now offers:

∙ a hundred design solutions, 8 styles to find inspiration, more than 500

advisory articles and a very large number of innovative products;

∙ not less than 80 guides work in 5 areas (heating and ventilation, development

inside,


joinery


outdoor,


electricity,


insulation


of


housing);

∙ new universes like the outside (garden, terrace, balcony);

∙ a very practical tool for estimating the cost of work, by piece or type of work, to obtain a reliable overview of the rates offered by professionals in his region.

SAINT GOBAIN

Registered office: Les Miroirs • 18, avenue d'Alsace • 92096 • La Défense Cedex • France • Tel. : [phone]

www.saint-gobain.com

[adrian j boris] 18/4/2019 11:14

Apr 25 2019

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

[waldron] 17/4/2019 16:59

(Boursier.com) - The Saint-Gobain Sekurit subsidiary of Saint-Gobain has extended its contract with Spie, which will continue to supply energy to the headquarters of the manufacturer of automotive glass, while providing technical services and accompanying development from the Herzogenrath research site. Spie and the automotive supplier share the ambition to significantly improve energy efficiency by 2028 and thereby increase annual savings in this area.

Initiated in 2012, the contract between Spie and Saint-Gobain Sekurit was extended early until 2028. As part of this energy supply agreement, Spie intervenes at the headquarters, located in Herzogenrath and largest production site of society, and contributes to improving energy efficiency. "We have already allowed our customers in the past to make significant savings," says Andreas Schmitz of Spie Deutschland & Zentraleuropa. "The modernization of the compressed air generation system was a major step, we are now recovering a lot of heat from the compressors and thus saving energy." Control systems adapted to the needs in the supply of refrigeration have also been put in place. For the first time, we can commit ourselves to concrete objectives "...

[waldron] 17/4/2019 07:20

Saint Gobain: Citigroup starts monitoring at neutral by targeting EUR 38.

[la forge] 16/4/2019 10:17

Saint-Gobain: at least 500 ME for Pont-à-Mousson?
15/04/2019 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-Mousson ...
Saint-Gobain: at least 500 ME for Pont-à-Mousson?
Saint-Gobain Credits

[FR: FR0000125007: 0] Saint-Gobain [: FR] would seek about 500 million euros from the sale of its distressed subsidiary Pont-à-Mousson. Bloomberg, quoting people close to the case, says the group specializing in piping systems is attracting the interest of several potential buyers, including China's Xinxing Ductile Iron Pipes. Xinxing could offer up to 300 million euros to take back nearly 60% of the activity.

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-Mousson in a range of 1.5 to 1.7 billion euros, corresponding to a global market share of 10% and a market share in Europe by around 50%.

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.

[the grumpy old men] 16/4/2019 08:42

25/04/19 Q1 2019 Publication activity evolution

[waldron] 15/4/2019 15:14

15/04/2019 | 11:13
Oddo confirms its advice on the purchase of value and its objective of 45 E. 'Saint-Gobain remains more than ever our Top Pick in the sector. The title has a high rerating potential. The title has a discount of more than 40% compared to comparable sides, historically high level 'indicates the bureau of analyzes.

The US Lone Star fund would be in pole position to buy the Saint-Gobain distribution business in Germany. 'The amount of the transaction would be evaluated in the high range of 300-400 ME' says Oddo.

"We continue to believe that underperforming asset sales are expected to significantly exceed the target of 3 billion CA. In total, we estimate the additional CA to yield> 4 MoE with a total positive impact of 120 basis points (vs. 40 bp announced by the group) on the operating margin between 2019 and 2020 Oddo says in its analysis of the day.

The group will publish its figures for the first quarter of 2019 on April 25 after closing. 'We expect a turnover of 10.1 MdEe up 3.8% pcc and a price effect of 2.0% (consensus + 4.2% in Q1 including 2.6% in price)' adds Oddo.

[florenceorbis] 14/4/2019 08:21

Barclays, Saint-Gobain buy target of 40 euros.

important date to remember April 25th.







Apr 25 2019

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

[maywillow] 03/4/2019 09:46

Shares in Compagnie de Saint-Gobain SA (SGO.FR) trade higher Wednesday morning amid speculation that the French building-materials group is preparing to sell a majority stake in its pipe-making subsidiary to China's XinXing Ductile Iron Pipes Co. Ltd. (000778.SZ).

France's CFE-CGM union on Tuesday said the company is negotiating the sale of a 60% stake in its Pont-a-Mousson subsidiary, known as PAM, to XinXing.

A spokeswoman for Saint-Gobain said the company has been considering enlisting a partner for the business since mid-February, but that the process is still at an early stage.

At 0829 GMT shares were trading 3.7% higher at 34.78 euros ($38.95) having earlier risen more than 5%.

Saint-Gobain's spokeswoman said the pipe-making business has been in difficulties for five years and is being restructured to ensure the best conditions for its development over the next 10 years.

CFE-CGM said the Chinese pipe market is reaching saturation and warned that XinXing may view a deal with Saint-Gobain as a means of offloading its excess production in Europe.

Saint-Gobain has been selling off assets and overhauling its operational structure in an effort to strengthen margins and find savings. In February the company booked a EUR2.04 billion writedown, wiping around 11% off its net asset value.



Write to Nathan Allen at [e-mail]



(END) Dow Jones Newswires

April 03, 2019 05:07 ET (09:07 GMT)

[grupo guitarlumber] 03/4/2019 07:55

invest.fr | The 03/04/19 at 09:07
SAINT GOBAIN
Saint-Gobain tops the Cac 40 thanks to Kepler Cheuvreux

Saint-Gobain climbed more than 4% to 34.92 euros, the largest rise in the CAC 40 in the first exchanges. Kepler Cheuvreux confirms his purchase opinion on the file and aims for a price target of 50 euros.

[adrian j boris] 02/4/2019 10:49

Average recommendation ACCUMULATE
Number of Analysts 21
objective Medium € 41.1
Last Closing Price 33,3 €
Difference / Objective High 50%
Difference / Average Objective 23%
Difference / Low Goal -6.8%

[adrian j boris] 02/4/2019 10:01

Analyst consensus at 01/04/19

objective 3 months: 39.48 EUR - Potential: 18.51%



Barclays, Saint-Gobain buy target of 40 euros.

important date to remember April 25th.

[waldron] 02/4/2019 06:50

Saint-Gobain: Jefferies starts the underperformance monitoring with target of 27,20 EUR.

[waldron] 28/3/2019 08:04

Saint Gobain: towards a 3rd test of 33E?
Cercle Finance • 27/03/2019 at 17:20

(Saint-Gobain.com) - Saint Gobain interrupts its correction towards 30,7E after drawing the sketch of a bearish 'M' under 33E (February 21 and March 18).

The title opens a 'gap' above 31.17E and is in position to re-test the double-top 33E

[the grumpy old men] 19/3/2019 10:37

Saint-Gobain: Undervalued Innovation Out Of France
Mar. 17, 2019 1:30 PM ET|
9 comments
|
About: Compagnie de Saint-Gobain S.A. (CODGF), CODYY
Wolf Report
Wolf Report
Long only, value, Growth, growth at reasonable price
(999 followers)
Summary

In this article we'll take a look at the French manufacturer Saint-Gobain.

The company is over 350 years old and manufactures products ranging from construction to everyday consumer products.

The company is, i believe, undervalued and merits your attention and potential investment.

In this piece, we'll take a trip to Saint-Gobain in France and take a look at the manufacturer of the same name, Saint Gobain S.A (OTCPK:CODGF) (OTCPK:CODYY). The article will delve into the specifics of this 350-year-old industrial manufacturing giant and seek to show you what I hope you agree is a potential undervaluation opportunity. I will argue that the company, at current valuations, presents an appealing opportunity to potentially diversify your portfolio geographically and in Euros, and this to a relatively appealing yield at relatively low risk.

My article will show you why I believe that Saint-Gobain presents some characteristics of a rather recession-resistant business which, despite producing industrial goods and construction-related materials, will fare pretty well in a coming recession. I hope that the article will result in sparking your interest in this French company to where you feel comfortable digging a little deeper on your own and potentially investing in the shares.

Let's get going!

(Source: MyNewsDesk)
Compagnie de Saint-Gobain S.A - From mirrors to molds

It all began with the rising popularity of fine mirrors in the 17th century, which were at that point imported from the Republic of Venice. The French minister of finance at the time wanted France to become self-sufficient in terms of luxury products and, as a result, strengthen the economy. To do this, he assisted in the creation of the Royal Mirror-Glass Factory, which would be a company that over the next 350 years had a strong tradition of socialist/state ownership/intervention up to 1987, when it was privatized completely for the last time (to date).

[the grumpy old men] 17/3/2019 09:36

March 14, 2019

PUBLICATION OF FINAL TERMS

Compagnie de Saint-Gobain, société; anonyme with registered office at Les Miroirs, 18, avenue d'Alsace, 92400 Courbevoie, France (the Issuer)

The final terms for the issuance of Euro 750,000,000 0.625% Notes due 15 March 2024 are available for viewing.

A copy of the final terms has been submitted to the National Storage Mechanism and is available for inspection at: www.morningstar.com

To view the full document, please paste the following URL into the address bar of your browser: