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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 4.35 | 6.17% | 74.875 | 71.20 | 78.55 | 407,480 | 16:35:03 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Construction Machinery & Eq | 47.94B | 2.67B | - | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMCOD
RNS Number : 2326O
Compagnie de Saint-Gobain
30 September 2019
PRESS RELEASE
September 30, 2019
SAINT-GOBAIN COMPLETES THE SALE OF ITS DISTRIBUTION ACTIVITY IN GERMANY
Saint-Gobain today announces the completion of the sale of Saint-Gobain Building Distribution Deutschland (SGBDD) to the Stark Group.
In 2018 SGBDD generated revenues of EUR1,924 million and operating income of EUR21 million; the divestment is based on an enterprise value of EUR335 million. The finalization of this transaction follows the approval of the European competition authority received on September 6, 2019.
The completion of this transaction marks an important milestone in the execution of Saint-Gobain's portfolio optimization strategy: with over EUR3 billion in sales completed or signed as of today, the objective announced for the end of 2019 has already been reached.
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
Operations in 68 countries
More than 180,000 employees
For more information about Saint-Gobain
Visit www.saint-gobain.com
and follow us on Twitter @saintgobain
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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DISFMGFLVGNGLZM
(END) Dow Jones Newswires
September 30, 2019 12:39 ET (16:39 GMT)
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