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COD Compagnie De Saint-gobain

87.85
0.00 (0.00%)
Last Updated: 15:30:11
Delayed by 15 minutes
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 0.00% 87.85 490,929 15:30:11
Bid Price Offer Price High Price Low Price Open Price
83.75 91.85
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Construction Machinery & Eq 47.94B 2.67B - - 45.01B
Last Trade Time Trade Type Trade Size Trade Price Currency
15:29:27 O 13 87.80 EUR

Compagnie De Saint-gobain (COD) Latest News

Compagnie De Saint-gobain News

Date Time Source Headline
07/11/202407:12UK RNSCompagnie de Saint-Gobain Agreement
29/10/202417:55UK RNSCompagnie de Saint-Gobain 3rd Quarter Results
14/10/202416:07UK RNSCompagnie de Saint-Gobain Acquisition
08/10/202406:05UK RNSCompagnie de Saint-Gobain Agreement
10/9/202416:13UK RNSCompagnie de Saint-Gobain Disposal
02/9/202406:06UK RNSCompagnie de Saint-Gobain Disposal
15/8/202417:14UK RNSCompagnie de Saint-Gobain Acquisition
31/7/202417:07UK RNSCompagnie de Saint-Gobain Issue of Debt
26/7/202406:00UK RNSCompagnie de Saint-Gobain Half-year Report
09/7/202406:08UK RNSCompagnie de Saint-Gobain Acquisition

Compagnie De Saint-gobain (COD) Discussions and Chat

Compagnie De Saint-gobain Forums and Chat

Date Time Title Posts
14/11/202408:52Saint Gobain: A Big Fish in the Gravel & Glass Industry323
15/1/201509:39CODDERS CHARTS98
17/6/200820:40Codders' "TOP UP" thread198
11/8/200319:28HAIL!!! THE FISH1

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Compagnie De Saint-gobain (COD) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:29:2987.80130.00O
15:29:2987.80260.00O
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Compagnie De Saint-gobain (COD) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Compagnie De Saint-gobain Daily Update
Compagnie De Saint-gobain is listed in the Construction Machinery & Eq sector of the London Stock Exchange with ticker COD. The last closing price for Compagnie De Saint-gobain was 87.85 €.
Compagnie De Saint-gobain currently has 512,302,503 shares in issue. The market capitalisation of Compagnie De Saint-gobain is -.
This morning COD shares opened at -
Posted at 29/10/2024 19:47 by misca2
Compagnie de Saint-Gobain
29 October 2024




The worldwide leader

in light & sustainable construction





Sequential improvement in sales in Q3 2024

Further increase in margin expected in 2024







· Sequential improvement in organic growth



· Significant contribution from recent acquisitions in North America, Asia-Pacific and construction chemicals, with a positive 3.4% structure impact



· Further increase in operating margin expected in 2024







Sales in the third quarter showed a sequential improvement, down 2.0% like-for-like in the quarter (down 3.9% in the nine-month period to September 30, 2024 and down 4.9% in the first half of 2024), with good levels of activity in the Americas, Asia-Pacific and High Performance Solutions, but still affected by weak new construction markets in Europe, particularly in France.



Prices were stable sequentially, down by 0.5% in the third quarter and by 0.8% over the nine-month period, generating a positive price-cost spread thanks to disciplined execution and the decrease in certain raw material and energy costs.



Volumes were down by 1.5% in the third quarter and by 3.1% over the nine-month period, in line with the Group's expectations for the year. This reflects a contrasting situation: weakness in Europe - with a marked decline in new construction but resilience in renovation - and good levels of activity in all other segments.



On a reported basis, sales were stable at €11.6 billion in the third quarter (down 4.1% to €35.0 billion over the nine-month period) despite a negative 1.3% currency effect, thanks to a positive 3.4% Group structure impact linked to recent acquisitions: in Asia-Pacific (CSR in Australia, Hume in Malaysia), North America (Building Products of Canada and Bailey in Canada, ICC in the US) and construction chemicals (Izomaks in Saudi Arabia, Menkol Industries in India, Technical Finishes in South Africa, Adfil and R.SOL in Europe). The integration of recent acquisitions is progressing well, enabling the implementation of the expected synergies. The Group continued to benefit from the optimization of its business profile, with the disposals of distribution and foam insulation businesses in the UK, glass processing activities, and railing and decking in the US.










Segment performance (like-for-like sales)



Europe, Middle East & Africa: sequential improvement in sales



Sales in Europe were down 4.5% in the third quarter, a noticeable improvement on the first half (down 7.9%), beyond the technical impact of working day effects (around +2% in the quarter). New construction remained strongly down while renovation (around 60% of sales) was more resilient.



- Northern Europe was down 3.2% in the third quarter (after a decline of 7.1% in the first half), with most countries at or near a low point. Nordic countries and Germany continued to be affected by weakness in new construction, while renovation was more resilient. In the UK, volumes were almost flat, thanks to a comprehensive range of solutions and systems with quantified benefits. Eastern Europe continued to achieve volume growth as seen for several quarters.



- Southern Europe, Middle East & Africa contracted 5.2% in the third quarter (after a decline of 8.6% in the first half). As expected, with the exception of France most countries reached a low point. Saint-Gobain continued to outperform in France in a new construction market which remains significantly down, thanks to its strong exposure to renovation and its comprehensive range of solutions. Despite the political situation postponing the low point in France by several quarters, leading indicators for borrowing are encouraging, driven by falling interest rates and an improvement in housing affordability. The Group continues to optimize its business profile, announcing in the third quarter that it had entered into exclusive negotiations to divest PAM Building, its sanitary and rainwater drainage business. Spain and Italy continued to progress in well-oriented renovation markets. Middle East and African countries reported strong growth thanks to the success of recent investments.





Americas: slight growth in sales



The Region delivered 0.8% organic growth in the third quarter (after 1.2% growth in the first half), driven by the improvement in Latin America and good levels of activity in North America.



- North America remained stable at a good level in the third quarter. The Group continues to benefit from its comprehensive light construction solutions offer - bringing high added value for its customers - and recorded an increase in prices. In light of the supportive growth outlook, the Group is preparing to open additional capacity for plasterboard, roofing and glass mat underlay during 2025.



- Latin America returned to growth, up 3.7% in the third quarter, driven by the start of a recovery in Brazil, which benefited from a more favorable comparison basis and from market share gains in light construction with a third plasterboard line opened during the first half of the year. The other countries in the Region benefited from the enhanced offering and mix, especially Mexico. The acquisition of OVNIVER (Cemix brand), expected to close in the first half of 2025, will strengthen Saint-Gobain's construction chemicals presence in the fast-growing markets of Mexico and Central America.






Asia-Pacific: good resilience in sales



The Region saw a 0.9% decrease in like-for-like sales in the third quarter (after 1.2% organic growth in the first half), with a rise in volumes driven by India despite the downturn in China.



India outperformed once again with continued volume growth, supported by its comprehensive and innovative range of solutions, as well as by the strength of the Saint-Gobain brand in the country. In a difficult new construction market in China, the Group continued to capture market share thanks to its exposure to renovation, its development towards inner China and its successful fully digital sales model. South-East Asia reported sales growth, led by Vietnam and Indonesia, benefiting mainly from the enhancement of its offering and its innovation. The Group was awarded several data center projects in the region, thanks to its specific solutions offering energy performance, fire resistance and productivity. The acquisition of CSR, completed on July 9, establishes a leading position in Australia's light and sustainable construction market.





High Performance Solutions (HPS): slight growth in sales



HPS like-for-like sales rose 0.7% in the third quarter, a clear sequential improvement after a decline of 3.5% in the first half.



- Businesses serving global construction customers reported a 4.6% increase in the third quarter due to the recovery in Adfors reinforcement solutions and further growth in the Construction Chemicals business (up 4.1%), driven by infrastructure projects and innovation to decarbonize the construction sector. The acquisition of FOSROC, expected to close in the first half of 2025, marks an acceleration in the Group's construction chemicals presence in regions with strong structural growth.

- Mobility sales stabilized (down 1.2%), outperforming thanks to strong technological positioning and innovation investments.

- Businesses serving Industry were up by 0.7%, despite still uncertain industrial markets, benefiting from decarbonization technologies and a rebound in sales in specialty materials.





2024 outlook



In a geopolitical and macroeconomic environment that remains challenging, Saint-Gobain is once again demonstrating its resilience and its excellent operating performance in 2024, thanks to its focused strategy of worldwide leadership in light and sustainable construction and its proactive and disciplined execution of commercial and industrial initiatives, enabling it to outperform.



As anticipated, Saint-Gobain expects some of its markets to remain difficult over 2024 overall, with weakness in new construction and resilience in renovation in Europe, and good levels of activity in the Americas, Asia-Pacific and High Performance Solutions.





Despite a context which remains difficult in certain markets, Saint-Gobain expects a further increase in its operating margin in 2024




Financial calendar



A conference call will be held at 6:30pm (Paris time) on October 29, 2024:

please dial +44 12 1281 8004, +1 718 705 8796 or +33 1 70 91 87 04.




2024 results: February 27, 2025, after close of trading on the Paris stock market.
Posted at 08/10/2024 06:48 by waldron
SAINT-GOBAIN signs a renewable electricity supply agreement in france



Saint-Gobain has signed a Power Purchase Agreement (PPA) with TotalEnergies to supply renewable electricity to Saint-Gobain's French industrial facilities. It will take effect from January 2026 for a total volume of 875 GWh over a period of five years.



TotalEnergies will provide Saint-Gobain with a baseload supply of electricity and guarantees of origin for that amount of power, produced by TotalEnergies' wind and solar plants across France.



"Saint-Gobain is committed to achieving net-zero carbon emissions by 2050. Realizing this ambition involves decarbonizing our production processes. This contract signed with TotalEnergies allows the Group to take a further step towards this goal with a reliable and continuous supply of renewable electricity for our industrial sites. With this PPA, combined with the three others signed by the Group in France since 2021, 30% of the electricity used by Saint-Gobain in France will come from renewable sources by 2027", explained Swaroop Srinath, Energy Purchasing Director, Saint-Gobain.
Posted at 05/10/2024 07:03 by waldron
Increase for Saint-Gobain



By Otto Bott




Published on 04/10/2024 at 5:43 PM



Saint-Gobain share price rises



































(Boursier.com) - Saint-Gobain's share price closed at €81.64.
had a profitable day on the Paris Bourse. The share
1.90% after closing the session at €80.12,
the previous day.

A total of 981,291 shares were traded on Friday, representing 0.19% of market capitalisation.

In one week, Saint-Gobain shares
has fallen by 1.85%. Over the last twelve months, the share
by 49.88%, from €54.47 a year ago.
a year ago. Over the same period, the CAC 40 has risen slightly by 6.82%.

Translated with DeepL.com (free version)
Posted at 02/10/2024 07:13 by waldron
SAINT GOBAIN : JP Morgan optimistic about the case

On 01 October 2024 at 18:29



Elodie Rall of JP Morgan sees the stock as a buy opportunity. The price target is still set at EUR 111.


Zonebourse with dpa-AFX Analyser
Posted at 18/8/2024 07:34 by misca2
SAINT GOBAIN: UBS remains Buy



August 16, 2024 at 11:20 am



In his latest research note, analyst Gregor Kuglitsch confirms his positive recommendation. The broker UBS was already previously a buy.


The target price remains unchanged at EUR 83.


Zonebourse with dpa-AFX Analyser
Posted at 10/8/2024 09:50 by waldron
COURTESY OF
misca2
10 Aug '24 - 07:07 - 301 of 301
0 2 0
Saint-Gobain : One can take advantage of the trading range to enter new positions

August 09, 2024 at 09:20 am

By The editorial team


Entry price Target Stop-loss Potential

€74.22 €80 €70 +7.79%

The fact that share price is returning to the lower bounds of the trading range offers a good timing to enter into new long positions in Saint-Gobain.

Summary

● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

● According to Refinitiv, the company's ESG score for its industry is good.

Strengths

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.

● Over the past twelve months, analysts' opinions have been strongly revised upwards.

Weaknesses

● As estimated by analysts, this group is among those businesses with the lowest growth prospects.

MARKETSCREENER
Posted at 29/7/2024 06:00 by adrian j boris
Compagnie de Saint-Gobain Half-year Report
26/07/2024 7:00am
RNS Regulatory News

RNS Number : 9242X
Compagnie de Saint-Gobain
25 July 2024




The worldwide leader

in light & sustainable construction



FIRST-HALF 2024 RESULTS



New record operating margin
Significant milestones in strategic repositioning





· Record operating margin of 11.7%



· Sequential improvement in volumes



· Positive price-cost spread with prices stable sequentially



· Three strategic acquisitions focused on profitable growth: CSR, Bailey and FOSROC, together adding around €2bn to full-year sales and around €450m in EBITDA (including €100m of synergies in year 3)



· More than 2/3 of the Group's pro forma operating income is now generated in high-growth geographies: North America, Asia and emerging countries



· Strong free cash flow generation of €2.5bn, with a cash conversion ratio of 75%



· Double-digit operating margin expected for H2 and full-year 2024, for the fourth consecutive year





Benoit Bazin, Chairman and Chief Executive Officer, commented:



"Our first-half results once again demonstrate the success of Saint-Gobain's new profile, reflecting the Group's ability to adapt to different macroeconomic environments and to continue to outperform. The roll-out of our comprehensive range of sustainable and innovative solutions and the resulting enhancement in our mix, together with our decentralized organization by country with accountability on commercial performance and on proactive cost management, have enabled us to deliver a new record operating margin and strong free cash flow generation. I am very grateful for our teams' dedication and their contribution to the Group's consistent improvement in its performance.



Since the start of the year, Saint-Gobain has accelerated efforts to reinforce its profitable growth profile with three landmark acquisitions in light and sustainable construction: CSR in Australia, Bailey in Canada and FOSROC in construction chemicals, mainly in India and the Middle East. Pro forma for these changes in structure, more than two-thirds of Group operating income is now generated in North America, Asia and emerging countries, areas that enjoy strong structural growth and where Saint-Gobain is achieving an excellent performance.



New construction markets remain difficult in Europe but are nearing a low point and we expect trading to continue to improve in the second half. I am confident that 2024 will be another successful year for Saint-Gobain, with a double-digit operating margin in the second half and over the full year, for the fourth consecutive year."
Posted at 15/7/2024 07:35 by waldron
SAINT GOBAIN: Jefferies still buying

July 15, 2024 at 08:30

Jefferies analyst Glynis Johnson has maintained his buy rating on the stock.

The target price has been revised upwards to EUR 99.10 from EUR 87.50.

Zonebourse with dpa-AFX Analyser
Posted at 27/6/2024 06:26 by adrian j boris
Compagnie de Saint-Gobain Acquisition
27/06/2024 7:00am
RNS Regulatory News

RNS Number : 1202U
Compagnie de Saint-Gobain
27 June 2024




SAINT-GOBAIN FURTHER STRENGthENS ITS worldwide presence IN CONSTRUCTION CHEMICALS BY SIGNING A DEFINITIVE AGREEMENT TO ACQUIRE FOSROC, a leading player in asia and emerging markets



Saint-Gobain announces that it has entered into a definitive agreement to acquire FOSROC, a leading privately owned global construction chemicals player for $1,025 million (approximately €960 million) in cash.



Following the acquisitions of Chryso in 2021, GCP in 2022 and 33 additional acquisitions since 2021, this move is a new strategic step in establishing Saint-Gobain's worldwide presence in construction chemicals, which will have combined sales of €6.2 billion across 73 countries following the acquisition (pro forma).



FOSROC is a global construction chemicals player with a strong geographic footprint in India, the Middle East and Asia-Pacific in particular. The company is expected to generate $487 million of sales and to achieve an EBITDA margin of 18.7% in 2024E. With 20 manufacturing plants and around 3,000 employees, FOSROC provides a wide range of technical solutions for the construction industry, including admixtures and additives for concrete and cement, adhesives and sealants, waterproofing solutions, concrete repair solutions and flooring.



The purchase price represents an acquisition multiple (before synergies) of approximately 11.3x FOSROC's 2024E EBITDA of $91 million, and a multiple of approximately 7.1x when including run-rate synergies of approximately $54 million in year 3.



This acquisition will be fully financed in cash. The Group will maintain a strong balance sheet with net debt / EBITDA remaining at the low end of the target range (1.5x to 2.0x) including the recently announced Bailey and CSR Limited acquisitions. Closing of the transaction is subject to customary conditions and is expected in first-half 2025.





A COMPELLING STRATEGIC RATIONALE



· A unique opportunity, fully aligned with Saint-Gobain's strategy to strengthen its worldwide presence in construction chemicals, supported by solid macroeconomic factors including the transition towards low-carbon concrete. It will complement the Group's worldwide growth platform in construction chemicals.



· A highly complementary geographic profile strengthening Saint-Gobain's presence in high-growth emerging markets, notably India and the Middle East. FOSROC's positions in the Middle East and Asia perfectly complement Chryso's positions mostly in Europe, Turkey and Africa and GCP's in North America, Latin America and Asia-Pacific. FOSROC is a leading player in India, one of the most attractive countries in construction chemicals worldwide with growth supported by an ambitious infrastructure plan for the coming decades.

· A comprehensive range of solutions with a renowned brand and strong technical competencies. FOSROC's capabilities are supported by its trusted brand and its recognized technical expertise, entrepreneurial spirit and high level of service.



· A strong track record of highly profitable growth and significant outperformance of its underlying markets. FOSROC has a strong growth track record with c. 11% sales growth per year (2021-2024E). The company delivers a superior EBITDA margin - more than 18% - thanks to a highly experienced management team with a proven history of success.



· A value-creative acquisition for Saint-Gobain's shareholders and customers, with strong synergy potential. $54 million expected synergies in year 3 following transaction close, of which $39 million are cost synergies which are expected to be captured through economies of scale in purchasing (including on raw materials and vertical integration of polymers production), footprint optimization, SG&A savings and manufacturing and logistics cost optimization. Saint-Gobain expects to benefit from at least $15 million of growth synergies thanks to cross-selling opportunities, combining the Group's innovation capabilities with Fosroc's strength in infrastructure, and to its customer relationships. These synergies will be achieved across Saint-Gobain's worldwide platform in construction chemicals and will leverage Saint-Gobain's existing strong presence in the wider light and sustainable construction sector in India and the Middle East. The acquisition will create value by year 3 following the closing of the transaction and will be EPS (Earnings Per Share) accretive from year 1.



The integration will be led by Thierry Bernard, Chief Executive Officer of Construction Chemicals, with the experienced team who developed the Chryso business over many years, managed its integration within Saint-Gobain and who has piloted its successful combination with GCP since 2022, providing a high level of confidence in the integration of FOSROC. It will be consolidated into the High Performance Solutions segment.



Benoit Bazin, Chairman and Chief Executive Officer of Saint-Gobain, commented:

"The acquisition of FOSROC is perfectly aligned with our "Grow & Impact" strategic plan: it is a unique opportunity for Saint-Gobain to further reinforce its worldwide presence in construction chemicals, and to strengthen its presence in high-growth emerging markets, in particular in India and the Middle East. I am very impressed with FOSROC's leadership, its strategy and its impressive development, as well as the team's track record of excellent execution and profitable growth. The combination of the two groups will allow us to expand our profitable growth platform in construction chemicals. I am looking forward to warmly welcoming the FOSROC teams into the Group and I am very confident about the combination of our joint forces."



Jim Hay, Chairman of FOSROC, commented:

"Today marks the beginning of an exciting new chapter in the history of FOSROC. Our focus on delivering the best solutions and satisfaction to our customers has enabled us to become a leading player in construction chemicals. I want to thank all our teams for their outstanding work over many years."



Rob Bonnici, Chief Executive Officer of FOSROC, added:

"The opportunity to join Saint-Gobain, worldwide leader in light and sustainable construction and a global player in construction chemicals is the perfect next step to enhance our offer by leveraging Saint-Gobain's innovation and technology in construction chemicals. I look forward to continuing our growth journey within Saint-Gobain."

Analyst/Investor Conference Call on June 27, 2024 at 8:00 am Paris time

Dial-in: +33 1 70 91 87 04 or +44 12 1281 8004 or +1 718 705 8796

Please dial in 5 to 10 minutes prior to the scheduled start time.

Replay: +39 02 802 0987 then press 700755# and 755# from 10:00 am Paris time until
July 27, 2024.

A presentation will be available before the conference call on Saint-Gobain’s website at: hxxps://www.saint-gobain.com/en/finance/financial-events



Morgan Stanley is acting as financial advisor, and Freshfields is acting as legal counsel to Saint-Gobain in connection with the transaction.


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".

€47.9 billion in sales in 2023
160,000 employees, locations in 76 countries

Committed to achieving net zero carbon emissions by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain

Analyst/investor relations


Press relations

Vivien Dardel:


+33 1 88 54 29 77


Patricia Marie:


+33 1 88 54 26 83

Floriana Michalowska:


+33 1 88 54 19 09


Laure Bencheikh:


+33 1 88 54 26 38

Alix Sicaud:


+33 1 88 54 38 70


Yanice Biyogo:


+33 1 88 54 27 96

James Weston:


+33 1 88 54 01 24
Posted at 10/5/2024 05:23 by waldron
VINCI : The technical configuration is positive
May 09, 2024 at 09:51 am
By The editorial team
Share
BUY
Live
Entry price Target Stop-loss Potential
€114.55 €120 €109 +4.76%
Shares in VINCI do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Chart VINCI
Summary

● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

● Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

● The company's Refinitiv ESG score, based on a ranking of the company relative to its industry, comes out particularly well.

Strengths

● The company is one of the best yield companies with high dividend expectations.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.

● The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

● The group usually releases upbeat results with huge surprise rates.

Weaknesses

● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.

● The company's earnings growth outlook lacks momentum and is a weakness.
Compagnie De Saint-gobain share price data is direct from the London Stock Exchange