Share Name Share Symbol Market Type Share ISIN Share Description
Saint Gobain Or 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
  -1.295 € -3.87% 32.1875 € 31.895 € 32.48 € - - - 377,237 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 0.0 0.0 0.0 - 17,086.30

Saint Gobain Or Share Discussion Threads

Showing 401 to 423 of 425 messages
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DateSubjectAuthorDiscuss
05/10/2018
11:09
Michele Maatouk WebFG News 05 Oct, 2018 10:40 Saint-Gobain to buy Germany's Kaimann saint-gobain-confiant-pour-2017 Saint Gobain 35.49 10:05 05/10/18 -1.69% -0.61 CAC 40 5,381.12 10:05 05/10/18 -0.55% -29.73 DJ EURO STOXX 50 3,357.04 10:05 05/10/18 -0.53% -18.04 French building materials manufacturer Saint-Gobain said on Friday that it has agreed to buy Kaimann, a German manufacturer of elastomeric insulation products. The acquisition, which is Saint-Gobain's 18th this year, further enhances its range of insulating solutions, reinforcing its presence on the fast-growing segment of technical insulation, which includes air conditioning, refrigeration and heating. "This operation allows the group to reinforce its positioning in a market where it is leader and to complement its portfolio of materials and technologies," the company said in a statement. Founded in 1959, Kaimann employs 320 people and achieved sales of €70m in 2017. Saint-Gobain did not disclose any financial details of the deal, which is subject to the approval of antitrust authorities. At 1040 BST, the shares were down 1.8% to €35.46.
sarkasm
20/9/2018
20:58
RNS Number : 4697B Compagnie de Saint-Gobain 20 September 2018 PRESS RELEASE September 20(th) , 2018 TENDER OFFER FOR MINORITIES IN HANKUK GLASS INDUSTRIES Hankuk Glass Industries (HGI), a South Korean subsidiary of Saint-Gobain listed on the Seoul stock exchange, launched a tender offer to acquire the 23% of its shares owned by minority shareholders. As a result of this successful offer, Saint-Gobain together with HGI now holds 96.8% of the share capital of HGI, with a delisting planned. HGI holds a leading position in South Korea and in Asia in glass products and insulation for the construction and automotive markets. It achieved consolidated sales of around 270 million euros in 2017. 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. EUR40.8 billion in sales in 2017 Operates in 67 countries More than 179,000 employees www.saint-gobain.com @saintgobain
the grumpy old men
04/9/2018
13:06
Deutsche Bank AG (DNK.XE) is one of three companies set to leave the Euro Stoxx 50 index following the index operator's annual review, according to analysts, a reflection of the significant decline in the bank's market value in 2018. The changes, based on the companies' closing prices on Aug. 31, will take effect from market close on Sept. 21, according to Societe Generale. Analysts at Davy and LBBW have also outlined the upcoming changes. Deutsche Boerse AG (DB1.XE), which owns index provider Stoxx, wasn't immediately available for comment. Deutsche Bank's share price has fallen 38% since the beginning of the year as it has struggled with profitability amid restructuring efforts and recent management upheaval. In a statement on Tuesday, the German lender said its activities and strategy to improve profitability would be unaffected by the removal. "We expect [our strategy] will support the valuation of Deutsche Bank by the market, and therefore increase market capitalization," the bank said. Removal from the Euro Stoxx 50 will mean the bank is excluded from exchange-traded funds that follow the index. Alongside Deutsche Bank, Compagnie de Saint-Gobain SA (SGO.FR) and E.ON SE (EOAN.XE) will be removed from the index, according to analysts. The three outgoing companies will be replaced by France's luxury giant Kering (KER.FR), Germany's chemicals company Linde AG (LINU.XE) and Spain's Amadeus IT Group SA (AMS.MC), analysts said. Write to Alberto Delclaux at alberto.delclaux@dowjones.com (END) Dow Jones Newswires September 04, 2018 06:41 ET (10:41 GMT)
sarkasm
17/8/2018
08:27
• Morningstar reduces its target on Saint-Gobain from 44 to 42 euros but remains a buyer.
sarkasm
01/8/2018
08:42
Compagnie de Saint-Gobain SA (SGO.FR) said Wednesday that it has bought German thermal-insulation and fire-protection specialist HKO. HKO posted sales of 39 million euros ($45.7 million) in 2017 and employs 225 people across its two plants in Germany and sales operations in France, the U.S. and China. It manufactures glass-fiber insulating products that can withstand temperatures of up to 1,000 degrees Celsius, according to Saint-Gobain. "This acquisition is in line with the Group's strategy of developing technological niches," Saint-Gobain said. Neither company disclosed a sale price. Write to Nathan Allen at nathan.allen@dowjones.com (END) Dow Jones Newswires August 01, 2018 02:33 ET (06:33 GMT)
waldron
31/7/2018
20:04
1041/5000 Saint-Gobain sells its glass installation branch in the United Kingdom Saint Gobain (EU: SGO) Intraday Chart of the Action Today: Tuesday 31 July 2018 More Saint Gobain Stock Exchange charts PARIS (Agefi-Dow Jones) - Construction materials producer Saint-Gobain announced Tuesday that it has sold its window installation and replacement business in the United Kingdom for an undisclosed amount. The branch has annual sales of approximately £ 70 million and employs approximately 440 people. "The sale is fully in line with the group's strategy to refocus on a portfolio of consistent and value-creating activities," Saint-Gobain said in a statement. -Thomas Varela, Agefi-Dow Jones; +33 (0) 1 41 27 47 99; tvarela@agefi.fr ed: LBO FINANCIAL RELEASES OF SAINT-GOBAIN: Https://www.saint-gobain.com/fr/presse/communiques-de-presse Agefi-Dow Jones The financial newswire (END) Dow Jones Newswires July 31, 2018 12:01 ET (16:01 GMT)
waldron
27/7/2018
10:38
Shares in Compagnie de Saint-Gobain SA (SGO.FR) rose sharply early Friday after and said it would step up its strategic overhaul while reporting first-half results. Net income rose 61% to 1.22 billion euros ($1.43 billion) largely due to the sale of part of its stake in Sika AG (SIKA.EB), which netted the company around EUR754 million. The French building-materials producer said it now plans to sell off underperforming assets with annual sales of EUR3 billion by the end of 2019, which should strengthen group margins by around 0.4%. At 0749 GMT Saint-Gobain was trading 3.8% higher at EUR38.56, having earlier risen more than 5%. The results weren't entirely positive, though. Net debt grew more than expected, to EUR9.29 billion, analysts at Davy Research noted, adding that there was a 1.9% margin contraction at Saint-Gobain's flat-glass division. Local-currency sales growth of 4.9% was "robust," but the translation into 1.7% like-for-like growth in earnings before interest and taxes was fairly underwhelming, according to Deutsche Bank analyst Glynis Johnson. Nevertheless, the company met consensus and left its guidance unchanged, which is reassuring--and investors are most likely to focus on the "eye-catching" disposals program, she said. Write to Nathan Allen at nathan.allen@dowjones.com (END) Dow Jones Newswires July 27, 2018 04:18 ET (08:18 GMT)
sarkasm
27/7/2018
09:13
PARIS (Agefi-Dow Jones) - Saint-Gobain posted operating income marginally above expectations in the first half of the year, and, "to everyone's surprise," announced "the pursuit and especially the acceleration of its strategy" , say the analysts of Oddo. This involves the acceleration of sales representing at least 3 billion euros of sales before the end of 2019 and the launch of a review of the organization of the group to be presented before the end of this year. "Many shareholders and investors want a restructuring of the group," says Oddo. "This review opens the door to questioning and perhaps a new cost-cutting program," commented analysts. Saint-Gobain shares gained 3.5% to 38.47 euros. (adore@agefi.fr) ed: ECH Agefi-Dow Jones The financial newswire (END) Dow Jones Newswires July 27, 2018 03:29 ET (07:29 GMT)
adrian j boris
26/7/2018
19:03
PARIS (Agefi-Dow Jones) - Construction materials producer Saint-Gobain (SGO.FR) announced Thursday an increase in its first half results, driven by a rebound in spring sales in all major markets. Net income increased 62% to 1.22 billion euros over the half-year, inflated by an unrealized gain of 601 million euros on its Sika shares after the agreement with the Swiss group in May. Current net income increased more modestly, by 6.8% to 802 million euros, while operating income was almost stable (+ 0.3%) to 1.47 billion euros. The group also reported revenue up 1.9% to 20.79 billion euros, dampened by adverse currency effects. On a comparable basis, growth reached 4.9% and even 8% in the second quarter alone. "The second quarter marks a return to good trends in all our major markets," commented CEO Pierre-André de Chalendar. "After a disappointing first quarter, affected in Europe by a severe winter that weighed on the result, the second quarter is much more encouraging in terms of volumes and prices," he added, while Saint-Gobain has been able to pass on higher prices for raw materials and energy. The group confirmed that it expects to see an increase in operating income at comparable structure and exchange rates this year. The progress of this indicator in the second half will be "clearly superior" to that of the first one, he added. According to the FactSet consensus, the half-year net result was expected to average 882 million euros, the operating profit to 1.47 billion euros and the turnover to 20.6 billion euros. - Thomas Varela, Agefi-Dow Jones; +33 (0) 1 41 27 47 99; tvarela@agefi.fr ed: ECH FINANCIAL RELEASES OF SAINT-GOBAIN: Https://www.saint-gobain.com/fr/presse/communiques-de-presse Agefi-Dow Jones The financial newswire (END) Dow Jones Newswires
waldron
25/7/2018
07:56
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 The stock is evolving close to its long-term support in weekly data, located at 36.9 EUR, thus offering a good timing of intervention. From a graphic point of view, the timing seems appropriate near the support of 36.9 EUR. Generally, the company publishes above consensus analysts with generally positive surprise rates. The stock has a very low valuation level with an enterprise value estimated at 0.65 times its turnover. The company has very attractive results multiples. Investors looking for returns may find in this action a major interest. Analysts have supported the positive evolution of the group's activities by significantly adjusting their net earnings per share forecasts. The analysts covering the file mainly recommend buying or overweighting the stock. The gap between current prices and the average price target of the analysts covering the file is relatively large and implies a significant appreciation potential. Weak points The expected evolution of turnover suggests poor growth over the next few years. The long-term technical configuration remains degraded below the resistance level in weekly data of EUR 43.71.
adrian j boris
23/7/2018
10:43
26Jul 2018 H1 2018 Results
adrian j boris
11/7/2018
11:32
Boursier.com) - Eric Lemarié, an analyst at Bryan Garnier, is struggling to identify bullish catalysts for the title Saint-Gobain currently, despite the reasonable valuation of the file. On the contrary, this specialist believes that the horizon is deteriorating for the group of building materials because of headwinds expected on its results in the first half, which should be affected by the pinching of margins in the glazing and by strikes at Brazil, and clouds accumulating on the horizon. Eric Lemarié cites the uncertainties on the residential segment in France and the consequences in emerging countries of the trade war. Taking note of the deterioration of the prospects of the tricolor group, the expert of Bryan Garnier lowers the theoretical valuation of 53 to 47 euros on Saint-Gobain. He accordingly degrades his recommendation to "neutral" while he was buying on the title so far. On the Paris Stock Exchange, the Saint-Gobain share flanked 1.6% to 37.41 euros.
sarkasm
04/7/2018
10:06
Citeo, Total, Saint-Gobain and Syndifrais collaborate to create a polystyrene recycling channel in France by Grace Nolan 4 July 2018 09:40 RSS Print Citeo, Total, Saint-Gobain and the French Union of Fresh Dairy Product Manufacturers (Syndifrais) are collaborating to help lay the groundwork for an industrial-scale polystyrene recycling channel in France and to validate its technical and cost feasibility within 18 months. The project is part of the voluntary commitments for the French government’s Circular Economy Roadmap and in line with French and European Union objectives in plastic recycling. Expand shutterstock_111362132.jpg It is estimated that 110,000 metric tons of polystyrene packaging is put on the market each year in France. Via Citeo, France’s dairy product manufacturers have developed a collection system, to separate, sort and prepare several hundred tons of post-consumer polystyrene from France's extended household waste sorting program. Syndifrais, alongside Citeo, will therefore contribute to the emergence of a recycling channel for polystyrene packaging and Syndifrais will also use the project's technical findings to improve the eco-design of packaging. Total will use the sorted and prepared polystyrene in its plastic production units in Carling, France and Feluy, Belgium. Saint-Gobain is involved in initiatives related to the circular economy and its subsidiary Placoplatre is aiming to promote the use of raw materials containing recycled content.
la forge
03/7/2018
10:43
Compagnie de Saint-Gobain SA (SGO.FR) said Tuesday that it has agreed to buy the North American ceilings business of Hunter Douglas NV (HDG.AE) for an undisclosed amount. The business manufactures architectural ceilings at two production sites in Georgia and Colorado and posted sales of $36 million in 2017, Saint-Gobain said. The deal is set to close in July pending regulatory approval, Saint-Gobain said. Write to Nathan Allen at nathan.allen@dowjones.com (END) Dow Jones Newswires July 03, 2018 04:59 ET (08:59 GMT)
the grumpy old men
02/7/2018
08:39
SAINT-GOBAIN: Morgan Stanley moves to Overweight share with twitter share with LinkedIn share with facebook share via email 0 0 28/06/2018 | 3:47 p.m. Morgan Stanley has raised Weighting Online to Overweight its recommendation on Saint-Gobain while reducing its price target from 49 to 47 euros. The analyst believes that the recent price slump, linked in particular to disappointing data on the European construction market, is overrated and offers a good entry point on value. Especially for Morgan Stanley, Saint-Gobain is more diversified than is commonly admitted, namely that the group is not only present in Europe but also in the United States where the cycle of construction is solid.
waldron
28/6/2018
15:47
Saint-Gobain: a good entry point for Morgan Stanley Jean-Baptiste André, published on the 28/06/2018 at 16h27 Saint-Gobain: a good entry point for Morgan Stanley Photo credit © Saint-Gobain (Boursier.com) - Saint-Gobain yields 2.4% to 37.9 euros at the end of the session. Morgan Stanley spent this morning 'online weighting' to 'overweight' on the value despite a reduced target of 49 to 47 euros. The US bank estimates that the recent fall in price on fears about the construction cycle in Europe and weaker construction data in France is exaggerated. The broker cites the diversity of the company's end markets and recalls that new construction in Europe represents only 26% of Ebitda 2018, against 19% for the United States, which enjoys a solid cycle, and 21% for emerging countries. In the end, MS thinks the course offers a good entry point to the current level.
adrian j boris
11/6/2018
10:59
11/06/2018 | 11:12 Saint-Gobain (-0.34% to 40.965 euros) once again occupies one of the last places in the CAC 40 after having already signed the largest decline (-3.86%) Friday. The statements of the Group CEO, at the general meeting last Thursday, therefore continue to weigh. The latter has indicated that it anticipates that the second half of Saint-Gobain will be better than the first in terms of growth in current operating income. Only, over this period, Saint-Gobain will be faced with a difficult basis of comparison. As a result, UBS is concerned that the promise of improvement in the second part of the year is sustainable only if the first half is less dynamic than expected. This prospect is all the less appreciated as the first half of 2017 was penalized by a cyber-attack that had resulted in organic growth of only 6.6% of Saint-Gobain's current operating income. In addition, it implies that the second quarter is also low, after a first quarter already complicated due to adverse weather. "Recent comments by the CEO at the GA (flooding of a plant in Egypt, strike truckers in Brazil) do not bode well for the trends of the second quarter," said Barclays soberly. Saint-Gobain could suffer the slowdown in the French residential market In short, for UBS, the consensus will be left for a downward adjustment: if the first half is lower than expected, the annual landing may also fall below expectations. For now, analysts expect a current operating profit of 2018 € 3.34 billion for Saint-Gobain. UBS expects a downward revision to 3.1-3.2 billion euros, an organic growth of between 5 and 8%. He himself is at 3.24 billion but will update his estimates. Barclays, for its part, did not wait to review its forecasts. It reduced its estimate of Saint-Gobain's earnings per share by 11% over the 2018-2020 period, setting it up 18% under consensus. For the analyst, the French group sees other uncertainties rising before it, more structural than a possible air hole in the first half. Barclays believes that investors underestimate two risks that weigh on the French group: a slowdown in the French residential housing market and rising costs of raw materials, especially energy. "The dynamics of the French residential market could already be reversed", feared the broker, while Saint-Gobain realized 11% of its Ebitda. In addition to France, the UK and Swedish markets are also showing signs of slowing down: "We now believe that two-thirds of the Distribution division for construction offers less visibility," says Barclays. Regarding the price / cost equation, the broker fears that Saint-Gobain will underestimate the inflation of its costs (300 million euros expected this year) and that full compensation by the increase in its selling prices represents a real challenge.
maywillow
08/6/2018
07:48
08/06/2018 | 7:56 Saint-Gobain announces that at the end of its combined general shareholders' meeting, Pierre-André de Chalendar has been reappointed by the Board of Directors as Chairman of the Board and Chief Executive Officer. The general meeting also approved the amendment of Saint-Gobain's bylaws to provide for the appointment of two directors representing employees on the board, regardless of its size. Finally, it approved the distribution of a dividend of 1.30 euro per share (against 1.26 euro for 2016), with full cash payment. It will be detached from the action on June 11 and will be paid as of June 13.
the grumpy old men
07/6/2018
17:45
PARIS (Agefi-Dow Jones) - Saint-Gobain's turnover will be "clearly better" in the second quarter than in the first quarter, group CEO Pierre-André de Chalendar said on Thursday. general meeting of the producer of building materials. The start of the year, still difficult for the group's activity, was "a little slowed down" by the bad weather, recalled the leader, who also expects the second half of 2018 to be better than the first one. . For the year as a whole, Saint-Gobain expects growth in its operating income at comparable structure and exchange rates. Saint-Gobain shares ended Thursday up 0.2% to 44.21 euros. (adore@agefi.fr) ed: LBO Agefi-Dow Jones The financial newswire (END) Dow Jones Newswires June 07, 2018 11:58 ET (15:58 GMT)
the grumpy old men
07/6/2018
05:59
05/06/2018 | 9:49 Bryan, Garnier & Co. is back on the Saint-Gobain file after rumors that the French group of building materials would be interested in the European distribution branch of the Irish CRH. Analysts do not believe it. The purchase advice is confirmed, as well as the price target of 53 euros which augurs a potential upwards of more than 20%. According to this rumor, CRH intends to sell its European distribution for 2.4 billion euros, or 8.5 times its 2017 EBITDA. Saint-Gobain and Kingfisher may be interested. Bryan Garnier contacted Saint-Gobain, who contented himself with a 'no comment'. Admittedly, the balance sheet of the French group would allow him to finance the operation without problem. However, 'we strongly doubt that Saint-Gobain is tempted by the acquisition of the entire division in question: it simply would not be consistent with his strategy,' says a note. Indeed, Saint-Gobain intends to devote approximately two billion euros to acquisitions between 2017 and 2020 (excluding Sika), or 500 million per year. And 641 million have already been invested in 2017. In addition, the distribution of CRH would hardly open Saint-Gobain to new markets, the geographical presence of the two perimeters being superimposed. Station, moreover, at the risk of concentration, especially since this operation would have little technology, another objective of the group in terms of M & A. Saint-Gobain could therefore be interested in only a part of the assets that CRH would get rid of, says Bryan Garnier. Under these conditions, analysts do not change their appreciation of value.
ariane
05/6/2018
12:21
05/06/2018 | 9:49 Bryan, Garnier & Co. is back on the Saint-Gobain file after rumors that the French group of building materials would be interested in the European distribution branch of the Irish CRH. Analysts do not believe it. The purchase advice is confirmed, as well as the price target of 53 euros which augurs a potential upwards of more than 20%. According to this rumor, CRH intends to sell its European distribution for 2.4 billion euros, or 8.5 times its 2017 EBITDA. Saint-Gobain and Kingfisher may be interested. Bryan Garnier contacted Saint-Gobain, who contented himself with a 'no comment'. Admittedly, the balance sheet of the French group would allow him to finance the operation without problem. However, 'we strongly doubt that Saint-Gobain is tempted by the acquisition of the entire division in question: it simply would not be consistent with his strategy,' says a note. Indeed, Saint-Gobain intends to devote approximately two billion euros to acquisitions between 2017 and 2020 (excluding Sika), or 500 million per year. And 641 million have already been invested in 2017. In addition, the distribution of CRH would hardly open Saint-Gobain to new markets, the geographical presence of the two perimeters being superimposed. Station, moreover, at the risk of concentration, especially since this operation would have little technology, another objective of the group in terms of M & A. Saint-Gobain could therefore be interested in only a part of the assets that CRH would get rid of, says Bryan Garnier. Under these conditions, analysts do not change their appreciation of value.
la forge
14/5/2018
16:06
Gobain (EU: SGO) Intraday Chart of the Action Today: Monday 14 May 2018 More Saint Gobain Stock Exchange charts (CercleFinance.com) - In the middle of the afternoon, the Saint-Gobain share remains downward (-0.8%), against a backdrop of positive comments from an analyst. Oddo has indeed reaffirmed its recommendation 'purchase' on the title, as well as its target price of 60 euros, the broker is satisfied with the end of the conflict that had pitted, for years, the group specialized in production, processing and the distribution of materials in Sika. This new agreement, which is very different from the one initially envisaged, has the advantage of putting an end to all the legal proceedings in progress and thus eliminates the uncertainties which continued to surround Saint-Gobain. It also allows a gain greater than 1 euro per title Saint-Gobain ', said this morning the broker, whose price target is fifteen euros higher than the current value of the title Saint-Gobain
grupo
11/5/2018
08:16
PARIS (Agefi-Dow Jones) - Building materials maker Saint-Gobain on Friday announced an agreement with the Burkard and Sika family to de facto relinquish control of the Swiss company and resolve a long-standing conflict. four years. In 2014, Saint-Gobain announced its intention to acquire for 2.75 billion Swiss francs the Sika shares of Schenker-Winkler, the holding company of the Burkard family, holding 16% of the capital and 52% of the voting rights of Sika. This operation was contested by the majority of Sika's board of directors, who tried by all means to defeat it. The agreement announced Friday finally puts an end to all disputes between actors of this long serial, said Saint-Gobain. The scheme is rather complex: Saint-Gobain has bought the Schenker-Winkler holding for 3.22 billion Swiss francs (2.7 billion euros), 500 million more than in the agreement originally passed in October 2014, to reflect Sika's appreciation on the stock market. In the process, Saint-Gobain transferred to Sika 6.97% of its own capital, via the stake acquired via Schenker-Winkler. This sale, which represents 23.7% of the voting rights of Sika, was completed for a total amount of 2.08 billion Swiss francs, which includes a premium of 795 million francs compared to the May 4th share price. . Following this transaction, Sika will convene an extraordinary general meeting on June 11, during which it will propose to cancel the 6.97% of the capital acquired from Saint-Gobain. It will also propose the abolition of the statutory limitation of 5% transfer of securities and the statutory opt-out clause, which in Switzerland allows a shareholder who acquires more than one-third of the voting rights of a company not to make a public tender offer on the rest of the capital. Above all, Sika will offer to convert all its shares into a single share class (called "one share, one vote") with a conversion ratio of 1:60 for bearer shares. Saint-Gobain and Schenker-Winkler pledged to vote in favor of all of these resolutions, with representatives of the Burkard family, Urs Burkard, Jürgen Tinggren and Willi Leimer having also resigned from the board of directors. At the end of this extraordinary general meeting, Saint-Gobain will hold 10.75% of Sika's share capital and voting rights. The two groups agreed that Saint-Gobain would keep this participation for at least two years without being able to exceed a ceiling of 10.75% for four years. This ceiling will then be raised to 12.875% for the next two years. "In the event that a transfer of shares would be considered by Saint-Gobain, the latter should propose them to Sika in priority, within the limit of 10.75% of the capital of Sika", have also indicated the two groups in a communicated. Sika and Saint-Gobain will also deepen their commercial relations "that they will seek to expand in areas that are mutually beneficial". "This is a very positive outcome, both from a financial and a strategic point of view, we have a positive net income of more than 600 million euros for our shareholders, we are also keeping a minority stake in a good company and we are going to increase collaboration between the two groups, "said Pierre-André de Chalendar, CEO of Saint-Gobain, quoted in a statement. -Julien Marion, Agefi-DowJones; 01 41 27 47 94; jmarion@agefi.fr ed: VLV Agefi-Dow Jones The financial newswire (END) Dow Jones Newswires May 11, 2018 02:09 ET (06:09 GMT)
la forge
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