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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
  -0.0875 -0.2% 44.2525 42.04 46.465 142,370 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 42,573.0 1,454.0 259.0 17.1 23,491

Compagnie de Saint-Gobain Disposal

04/07/2022 7:11am

UK Regulatory (RNS & others)


Compagnie De Saint-gobain (LSE:COD)
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TIDMCOD

RNS Number : 1711R

Compagnie de Saint-Gobain

04 July 2022

 
 
 

SAINT-GOBAIN DIVESTS ITS WOOD PROCESSING AND DISTRIBUTION BUSINESS IN DENMARK

Saint-Gobain has signed a binding agreement to sell its wood processing and distribution business in Denmark, Protræ, because of inadequate positioning and lack of critical mass, to its main customer jem & fix. Protræ employs around 100 people located in two facilities in Rødding and Holsted, and generated sales of around EUR120 million in 2021.

This transaction is part of Saint-Gobain's continued business profile optimization strategy, in line with the "Grow & Impact" plan objectives. It is subject to the approval of the relevant competition authorities and should be finalized by the end of the third quarter 2022.

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's commitment is guided by its purpose,

"MAKING THE WORLD A BETTER HOME".

EUR44.2 billion in sales in 2021

166,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain,

visit www.saint-gobain.com and follow us on Twitter @saintgobain

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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July 04, 2022 02:11 ET (06:11 GMT)

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