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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 | 1,787,608 | 16:35:03 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Construction Machinery & Eq | 47.94B | 2.67B | - | N/A | 0 |
TIDMCOD
RNS Number : 2931V
Compagnie de Saint-Gobain
02 December 2019
PRESS RELEASE
December 2, 2019
SAINT-GOBAIN COMPLETES THE DIVESTEMENT OF ITS CIVIL ENGINEERING MATERIALS DISTRIBUTION BUSINESS (DMTP) In France
Saint-Gobain completed the sale of the company Distribution de Matériaux pour les Travaux Publics (DMTP) to Frans Bonhomme Group on November 29, 2019.
This divestment, which generated revenues of EUR250 million and operating income of nearly EUR3 million in 2018, was based on an enterprise value of EUR70 million.
This transaction is part of Saint-Gobain's portfolio optimization strategy within the framework of its new organization. Divestments completed or signed by the Group to date in order to enhance its growth and profitability profile represent sales of around EUR3.3 billion. Saint-Gobain is continuing its divestment program even though the initial target of over EUR3 billion in sales divested by the end of the year has already been met.
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
Analyst/Investor relations Press relations +33 1 47 62 +33 1 47 62 30 44 29 10 +33 1 47 62 +33 1 47 62 51 Vivien Dardel 35 98 Laurence Pernot 37 Floriana Michalowska +33 1 47 62 Patricia Marie +33 1 47 62 43 Christelle Gannage 30 93 Susanne Trabitzsch 25 ----------------------- ------------- -------------------- ----------------
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
DISLIFVDFVLFIIA
(END) Dow Jones Newswires
December 02, 2019 02:35 ET (07:35 GMT)
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