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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Compagnie De Saint-gobain | LSE:COD | London | Ordinary Share | FR0000125007 | COMPAGNIE DE ST-GOBAIN ORD SHS |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 79.75 | 74.55 | 82.25 | 6,503 | 11:57:40 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Construction Machinery & Eq | 47.94B | 2.67B | - | N/A | 40.86B |
TIDMCOD
RNS Number : 2148L
Compagnie de Saint-Gobain
27 July 2011
July 27, 2011
Saint-Gobain expands its plasterboard business in Turkey
Saint-Gobain, through its Gypsum Activity, today completed the acquisition of Do aner, a Turkish manufacturer of plaster and plasterboard. The company is located 50 km southeast of Ankara, where it operates a plant with an annual production capacity of 500,000 tonnes of plaster and 12 million square meters of plasterboard.
In 2010, Do aner generated revenue of nearly EUR22 million with 109 employees.
The acquisition will enable the Gypsum Activity to consolidate its position in a large and growing market and to enhance its current product range with locally manufactured plasterboard.
Saint-Gobain is already present in Turkey via a Rigips (one plaster plant), Izocam (five insulation plants), and Weber (four industrial mortar plants).
More about Saint-Gobain
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2010 sales of EUR40.1 billion, Saint-Gobain operates in 64 countries and has nearly 190,000 employees. For more information about Saint-Gobain, please visit www.saint-gobain.com.
Analyst/Investor Relations Press Contact ---------------------------------- ----------------------------- Florence Triou-Teixeira +33 1 47 Sophie Chevallon +33 1 47 62 62 45 19 30 48 Etienne Humbert +33 1 47 62 30 49 Vivien Dardel +33 1 47 62 44 29 ---------------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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