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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.30 | -0.38% | 78.10 | 74.65 | 81.95 | 57,264 | 16:35:18 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Construction Machinery & Eq | 47.94B | 2.67B | - | N/A | 40.16B |
RNS Number:7872M Compagnie de Saint-Gobain 26 May 2005 Press release AGREEMENT REGARDING THE SALE OF SAINT-GOBAIN STRADAL Saint-Gobain has signed an agreement regarding the sale of its subsidiary Saint-Gobain Stradal to the CRH Group. Saint-Gobain Stradal designs, manufactures and sells concrete products for exterior fittings used in gardening and landscaping, road construction and utilities, and the rail and funeral industries. Stradal and its subsidiary SAE Beton, which it acquired in January 2005, reported sales of Euro180 million in 2004, and presently have more than 1,000 employees based at 24 plants. Stradal, which joined the Saint-Gobain Group in 1996 at the time of the acquisition of Poliet (Point. P and Lapeyre), caters almost exclusively to the French market and therefore does not fit into the Group's strategy of expanding its international presence. Saint-Gobain accepted CRH's bid for Stradal, as it felt CRH had the investment potential and strategy to guarantee Stradal's continuing position as a major player in its sector. CRH is an international building materials group formed in Ireland in 1970 through the merger of Irish Cement and Roadstone (aggregates). CRH has over 60,000 employees based in 24 countries and reported sales of close to Euro13 billion in 2004. This transaction is to be submitted to the French competition authorities for approval. May 26, 2005 Investor Relations Department Florence TRIOU-TEIXEIRA Tel.: +33 1 47 62 45 19 Alexandre ETUY Tel.: +33 1 47 62 37 15 Fax: +33 1 47 62 50 62 This information is provided by RNS The company news service from the London Stock Exchange END DISGGGZKRVLGKZG
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