COD

Compagnie De Saint-gobain

53.60
0.00 (0.0%)
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 Shares Traded Last Trade
  0.00 0.0% 53.60 4,155,468 01:00:00
Bid Price Offer Price High Price Low Price Open Price
51.00 56.20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Flat Glass 51,197.00 3,003.00 5.82 9.21 27,459.41
Last Trade Time Trade Type Trade Size Trade Price Currency
18:01:40 O 868 53.3292 EUR

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Date Time Title Posts
30/3/202307:35Saint Gobain: A Big Fish in the Gravel & Glass Industry267
15/1/201509:39CODDERS CHARTS98
17/6/200821:40Codders' "TOP UP" thread198
11/8/200320:28HAIL!!! THE FISH1

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Compagnie De Saint-gobain (COD) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:25:0153.755,222280,661.82O
16:25:0153.337,552402,745.44O
16:24:5853.3929015,482.60O
16:24:5853.39703,737.15O
16:24:5853.39452,402.47O

Compagnie De Saint-gobain (COD) Top Chat Posts

Top Posts
Posted at 02/12/2021 20:35 by waldron
30 November 2021

PRESS RELEASE

November 30, 2021

SAINT-GOBAIN ahead in buyback program

announced as part of its "Grow & IMPACT" plan

Saint-Gobain announces that it has already bought back over 8.5 million of its shares in 2021 (net of offsetting employee share creation) for a total of around EUR500 million, ahead of its target to buy back EUR2 billion of shares over five years (2021-2025) as part of its "Grow & Impact" plan presented at the Capital Markets Day in early October.

On November 30, 2021, Saint-Gobain cancelled 8,543,174 treasury shares acquired on the market.

Following this operation, the total number of shares composing the capital is 524 million shares and the number of shares outstanding is now 521 million, compared to 530 million at end-December 2020.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change. This strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING THE WORLD A BETTER HOME", which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.

EUR38.1 billion in sales in 2020

More than 167,000 employees, located in 72 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

Posted at 02/12/2021 20:34 by waldron
Saint-Gobain would be interested in the takeover of the American company GCP Applied Technologies according to Bloomberg.

Oddo indicates that if the American group RPM International would also be on the ranks, Holcim could also look at this asset.

"The credibility of such a transaction will lie in Saint-Gobain's ability to convince the market of its ability to turn around GCP Applied Technologies' profitability," the analyst said.

"On the basis of a premium of 40% on the 29/11 price, the price to be paid would be $ 2.3 billion without ensuring the success of the operation given potential contenders".

"According to our calculations, the ROCE of the three-year operation (2024) would be 7.7% for an EV/EBITDA of 8.5x (cost of debt at 2.2% and synergies at $70 million or 6% of turnover)," adds Oddo.

The analysis office confirms its outperformance recommendation on the stock with a price target of 80 E.

Posted at 28/5/2020 20:33 by waldron
Saint-Gobain to drop its shareholding in Swiss chemical maker Sika
This content was published on May 27, 2020 9:01 AM May 27, 2020 - 09:01
Sika

Sika has more than 300 plants worldwide
(Keystone)

The French building materials and distribution group Saint-Gobain has announced the sale of its 10.75% stake in the capital of the Swiss chemical manufacturer Sika.

Saint-Gobain said in a press releaseexternal link on Tuesday that it would dispose of “of its entire stake in Sikaexternal link of approximately 15.2 million shares, representing 10.75% of Sika’s share capital”, without mentioning any financial amount.

According to an AFP calculation, at the current Sika share price the transaction would be valued at some €2.5 billion (CHF2.65 billion). The result and the final terms of the private placement will be announced on Wednesday “at the latest”, according to Saint-Gobain’s press release.

Sika, a specialist in sealants and adhesives with origins dating back to 1910, employs some 25,000 people and has more than 300 plants worldwide. The group, headquartered in Baar, canton Zug, achieved record sales of CHF8.1 billion ($8.38 billion) in the financial year 2019.

Long conflict

In May 2018 Sika and Saint-Gobain reached an agreement to end an almost four-year legal disputeexternal link.

The complex deal saw Saint-Gobain acquiring all outstanding shares of Schenker-Winkler Holding (SWH) from the Burkard family, heirs to the founder of Sika, for a purchase price of CHF3.22 billion.

The dispute over Sika had been raging since 2014 when Saint-Gobain offered CHF2.75 billion to buy the Burkhard’s controlling stake – comprising just 16% of the share capital but 53% of voting rights. Sika’s board objected, and the warring sides were locked in a stalemate in what became an expensive battle in the courts and a rare example of Swiss corporate enmity spilling into the public eye.

Posted at 27/5/2020 08:01 by florenceorbis
RNS Number : 0501O

Compagnie de Saint-Gobain

27 May 2020

PRESS RELEASE

May 27, 2020, at 8:00 am

SAINT-GOBAIN GROUP COMPLETES SALE OF SIKA SHARES FOR CHF2.56 BILLION

-- Saint-Gobain today announces the successful completion of the sale by its subsidiary Schenker-Winkler Holding AG of approximately 15.2 million Sika shares, representing its full stake of 10.75% of Sika's share capital, for a total of CHF2.56 billion. The shares were placed via a private placement to qualified institutional investors by way of an accelerated book-building process.

-- As a result of this disposal, Saint-Gobain has generated gross gains of EUR1.54 billion since May 2018.

The disposal of the stake in Sika enables Saint-Gobain to strengthen its balance sheet. Saint-Gobain acquired its 10.75% stake in Sika as part of a global agreement with Sika and the Burkard family in May 2018. The Sika shares were held as an equity investment and Saint-Gobain has chosen to recognize any change in the fair value of the Sika shares directly in equity.

Pierre-André de Chalendar, Chairman and Chief Executive Officer of Saint-Gobain, commented:

"The Sika shareholding has been an outstanding investment for Saint-Gobain over the past two years. We have completed the sale at a price of CHF2.56 billion, equivalent to around EUR2.41 billion, compared to a purchase price of EUR933 million in May 2018. Realizing such an outstanding return on this investment is a very positive development for the Group. The proceeds from the disposal will strengthen Saint-Gobain's balance sheet, increase its financial flexibility and liquidity position in a market environment that remains uncertain. As mentioned at the end of April, depending on how the situation evolves Saint-Gobain will review the Group's shareholder return policy by the end of the year. "

Citigroup acted as Sole Global Coordinator on the Private Placement.

Citigroup and Lazard acted as financial advisers to Saint-Gobain .

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.

EUR42.6 billion in sales in 2019

Operates in 68 countries

More than 170,000 employees

For more information about Saint-Gobain

Visit www.saint-gobain.com

and follow us on Twitter @saintgobain

Posted at 16/5/2020 09:27 by waldron
4/27/2020 | 07:35am BST

Analyst Elodie Rall from JP Morgan research gives the stock a Neutral rating. The target price has been revised upwards and is now set at EUR 28, compared with EUR 27 previously.

Posted at 29/11/2019 08:17 by florenceorbis
Sika: Baader Helvea goes from buy to HOLD with a target price UP FROM 165 to 187 CHF.
Posted at 12/11/2019 22:21 by sarkasm
Continental Building Products Inc. (CBPX) has reached a deal to be acquired by France's Compagnie de Saint-Gobain SA (SGO.FR), the Virginia-based company said Tuesday.

Under the terms of the deal, Continental would be merged into a newly formed subsidiary of Saint-Gobain, and the French multinational would pay $37 a share.

Continental's stock was boosted by a Bloomberg report on the deal, closing Tuesday at $35.75, up 12%.

Continental went public in 2013.



Write to Maria Armental at maria.armental@wsj.com



(END) Dow Jones Newswires

November 12, 2019 16:56 ET (21:56 GMT)

Posted at 10/10/2019 07:14 by adrian j boris
Saint-Gobain: Morgan Stanley goes overweight with a price target raised from 37.50 to 42 EUR.
Posted at 15/7/2019 07:54 by waldron
07/12/2019 | 11:56
purchase
In progress
Entrance course: 33.65 € | Objective: 36 € | Stop: 32.3 € | Potential: 6.98%
The technical configuration of the Saint-Gobain title gives signs of a militant reversal in favor of the return of a positive medium-term orientation.
We can position ourselves at the purchase to target the 36 €.
SAINT-GOBAIN Chart
Duration:
Period:

Saint-Gobain: Saint-Gobain Technical Analysis Chart | Stock Exchange area
Full screen graphic
Synthesis

The company has solid fundamentals. More than 70% of companies have a mix of growth, profitability, debt and lower visibility.
The company presents an interesting fundamental situation in a short-term investment perspective.


Strong points

From a graphic point of view, the timing seems appropriate near the support of 32.41 EUR.
Generally, the company publishes above consensus analysts with generally positive surprise rates.
The stock is valued on 2019 at 0.62 times its turnover, which represents very attractive valuation levels compared to other companies listed.
The company enjoys multiple attractive results. With a PER of 10.17 for 2019 and 9.28 for 2020, the company is among the cheapest in the market.
Investors looking for returns may find in this action a major interest.
Over the last 7 days, analysts have revised upward their company's EPS estimates.
The progression of earnings per share revisions appears very positive in recent months. Analysts now anticipate better profitability than previously.
The gap between current prices and the average price target of the analysts covering the file is relatively large and assumes a significant appreciation potential.


Weak points

The expected evolution of turnover suggests poor growth over the next few years.
The margins generated by the company are relatively low.

Posted at 11/6/2019 19:02 by the grumpy old men
SAINT-GOBAIN, the largest increase in the CAC 40 at the end of Tuesday, June 11, 2019 -

Posted on 11/06/2019 at 6:02 pm

Find this content later by pressing this button

(AOF) - SAINT-GOBAIN (+ 2.68% to 33.48 euros)

The group signs its third consecutive session on the rise. It remains well oriented (+ 1.47%) over the last five cumulative sessions.

AOF - LEARN MORE

Strengths of value

- World leader in housing, created in 1665;

- Group organized into three divisions, distribution for building for 46%, products for construction (29%) and innovative materials;

- Positioning in the field of improving the energy efficiency of buildings, renovation accounting for 51% of sales, ahead of new construction (33%) and industries (16% of which 8% for transport);

- Increase in the international power, the share of France decreasing to about 25%;

- Industrial reorganization in 2019 into four regional entities - Northern Europe, Southern Europe-Middle East-Africa, the Americas and Asia-Pacific - plus a global "High Performance Solutions" entity grouping materials high performance and automotive glazing;

- Priority given to high value-added products and solutions, relying in particular on partnerships with start-up incubators;

- Local rooting of the distribution branch's operations;

- Financially interesting exit from the conflict with the Swiss Sika and purchase of the British SigRoofspace;

- Sound financial position, allowing great generosity for the shareholder (share buybacks and high return).

Weaknesses in value

- Cyclical nature of the activity, 4 / 5ths of sales being made in the construction sector;

- Difference in margins between branches - those of distribution being barely above 4%, against 11% in innovative materials and products for construction - and between geographical areas - less than 6% in Western Europe, more than double elsewhere ;

- Always low visibility in Germany and the United Kingdom;

- Negative impact of foreign exchange and rising variable costs (paper, asphalt ...);

- Disappointment of investors after slight downward revision of 2018 results.

How to follow the value

- Evolution in Europe of housing starts and building permits;

- Positive impact of the new government, especially in the energy efficiency sector (about 1/3 of sales in France);

- Mid-term objectives: focus on innovation and "new geographies" and reinforcement of local market shares aiming to generate an operating margin between 8.3 and 9.8%;

- 2019 program of € 3 billion in disposals and cost reductions;

- Exploded capital, Wendel having reduced its position to 2.5% of the capital and 4.5% of the voting rights), characterized by a high level of employee involvement (7.4%).

Chinese cement companies are upsetting the codes of the global sector. They benefit from low production costs and excellent performance, proof of international expansion. Until now, China consumed nearly 60% of the world's cement and overcapacity was pulling its prices down. But the Chinese government, seeking to reduce pollution, has closed some cement plants, causing an increase in prices. As a result some analysts consider that China is one of the most profitable markets. In 2018, prices rose by 22%. Three groups dominate the market: the giant Anhui Conch, Huaxin and CRC. To consolidate their power, they are conducting acquisitions, notably with LafargeHolcim and HeidelbergCement.

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