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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
  +0.00 € +0.00% 29.00 € 28.49 € 29.94 € - - - 8,061 14:54:53
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 0.0 0.0 0.0 - 15,394.26

Saint Gobain Or Share Discussion Threads

Showing 426 to 446 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
15/1/2019
10:28
15/01/2019 | 10:36 An error has crept into a previous dispatch. This is not an increase in price target but a lowering. Deutsche Bank lowers its price target from 43 to 41.5 euros on Saint-Gobain, and confirms its recommendation Purchase. According to the analysis office, the fourth quarter of the group should follow the progress of the third. "The company has clearly chosen prices and margins in key divisions, which has allowed us to reduce volumes, but to establish robust prices," says Deutsche Bank.
ariane
11/1/2019
08:22
Compagnie de Saint-Gobain SA (SGO.FR) said Friday that Vidrio Andino, its Colombian subsidiary, has entered a partnership with Tecnoglass Inc. (TGLS) to increase its glass production capacity. The French construction company said Tecnoglass, a manufacturer of glass windows and facades, has taken a minority share in Vidrio Andino. As part of the partnership, Vidrio Andino will build a new float near Barranquilla, Colombia, where there is growing demand for glass, Saint-Gobain said. The float will increase Saint-Gobain's daily production by 750 metric tons of glass, to be used in architectural projects in the region, the company said. Vidrio Andino has signed a long-term procurement contract with Tecnoglass stipulating the supply of glass from the float, Saint-Gobain said. Saint-Gobain said it expects production to begin in 2021. No financial details were disclosed. Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca (END) Dow Jones Newswires January 11, 2019 02:45 ET (07:45 GMT)
adrian j boris
11/1/2019
07:44
11/01/2019 | 7:43 Saint-Gobain indicates that it has sold its Glassolutions regional glass businesses in Norway and Sweden to the Swedish investment fund Mimir Invest, which continues to operate under the Glassolutions brand under a franchise agreement. They have an annual turnover of about 35 million euros and employ 170 people. Saint-Gobain will remain in the region as a supplier of flat glass, insulating glazing and high performance glass. This sale, whose financial terms are not specified, is part of the objective announced by the group to divest business representing a turnover of at least three billion euros before the end of 2019.
adrian j boris
08/1/2019
08:49
Compagnie de Saint-Gobain SA (SGO.FR) has reached an exclusive agreement to sell its silicon carbide division to private equity firm OpenGate Capital as part of a broader divestiture plan, the company said Tuesday. The French construction-materials group said the transaction should be effective in the first half of the year. Saint-Gobain's silicon carbide unit has annual sales of around 120 million euros ($137.4 million), the company said. The deal is part of the company's plan to divest itself of businesses representing sales of at least EUR3 billion by the end of this year, Saint-Gobain said. No financial details of the transaction were disclosed. Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca (END) Dow Jones Newswires January 08, 2019 02:42 ET (07:42 GMT)
waldron
05/1/2019
14:02
Saint-Gobain’s Veteran Employee Resource Group Taps Talent Members of Saint-Gobain's employee resource group for veterans. Talent Saint-Gobain’s Veteran Employee Resource Group Taps Talent The goal of the program is to "understand the specific needs of veterans, whether they are current or potential Saint-Gobain employees, to create a better workplace for them and in turn, leverage their unmatched skill-set,” said Terry Farrell of Saint-Gobain. Adrienne Selko | Jan 03, 2019 Today, if you ask anyone in manufacturing what is keeping them up at night, it's their workforce challenge. And it’s not just acquiring talent, but figuring out how to keep their current talent growing. Taking a page from the operation side of the company which routinely scours processes to find areas to improve productivity, and other metrics, the human resources side of the house is beginning to do the same. Companies are delving more deeply internally to discover untapped resources of talent. Saint- Gobain, manufacturers of construction and high-performance materials, has found some hidden talent. Their journey started as they expanded their view of human capital from a strategic perspective. They knew that a diverse workforce including different nationalities and education can offer new ideas and solutions. And to tap into a variety of talent that might be underutilized, they formed Employee Resources Groups. One of those groups is the veterans’ group. “The Veterans ERG works to understand the specific needs of veterans, whether they are current or potential Saint-Gobain employees, to create a better workplace for them and in turn, leverage their unmatched skill-set,” said Terry Farrell, Saint-Gobain’s NA IP telephony voice services project manager and the chairman of the veterans’ group. “We prioritize everything from developing forms of communication for those without computers to creating better recruiting practices for veterans specifically. Saint-Gobain not only works to honor veterans but also create a space for them to excel in the workplace.” Creating a Program The first step was to work through the human resources department to identify who in the company was in a fact a veteran. Around 350 employees let the company know they were veterans and when asked if they would like to become members of the group 175 responded. But given the company has over 15,000 employees in North American, Farrell decided to expand their search to Canada as well. One practice the company employed to attract more veterans to the program was to issue “challenge coins”. In the military challenge coins are normally presented by unit commanders in recognition of special achievement by a member of the unit. It’s a valued identifier and people like to carry them around. This brought in even more members to the group. The next step was to formalize this group so regions and hubs were created across the company. Leaders volunteered to create quarterly communication programs to turn the group into an active community. Once identified and organized one of the goals was to let managers know that they had veterans on their team. “Veterans are known to be excellence problem solvers based on their training,” explained Farrell. “They aren’t afraid to take chances and to improvise solutions when necessary which is a great asset to any company. They also are known for being adaptable to any situation, especially ones that are stressful and therefore make great leaders.” Recruitment Program As former military personnel make great leaders, in addition to identifying current employees as veterans, the company also wanted to recruit more to the company. Over the next ten to fifteen, half of the leadership of the company is expected to retire. So, bringing in a group of employees who are natural leaders is essential. Saint-Gobain recently started sending their talent acquisition team to military hiring fairs and has plans to do more this year. To ensure that they are properly evaluating the talent, they send veterans from the company to sit in on the interviews conducted at the fairs. “A lot of veterans speak military very well but not civilian as well so we help translate their skills sets on resumes,” says Farrell. Community Outreach Veterans are also a group that the company supports in its charitable activities. Through the company’s subsidiary CertainTeed’s, there is a national partnership with Homes for Our Troops. Saint -Gobain, contributes building material donations and employee volunteerism to help create specially adapted homes to allow veterans to live a life without limitation. “Giving back to those who have served is a priority for Saint-Gobain, in and out of the workplace,” says Farrell. The relationship between Saint Gobain and veterans is intertwined in many ways, almost circular. The company, which produces bulletproof glass and vests to protect soldiers, actively recruits veterans and also does charitable work to assist veterans in the communities that they operate. At the risk of sound cliché, it’s a win, win, win situation.
grupo guitarlumber
18/12/2018
10:15
RNS Number : 8029K Compagnie de Saint-Gobain 18 December 2018 PRESS RELEASE December 17, 2018 SAINT-GOBAIN ACQUIRES SIG ROOFSPACE TO DELIVER MORE OFF-SITE MANUFACTURED SOLUTIONS Saint-Gobain has completed the acquisition of SIG RoofSpace Solutions ("RoofSpace") in the UK. This acquisition complements the portfolio of Saint-Gobain products in the country, accelerating the involvement in the off-site manufacturing construction market which already includes Pasquill roof-trusses, Scotframe timber-frame houses and Saint-Gobain steel-frame systems. RoofSpace is based in the Midlands, and achieved sales of around EUR20 million in 2017. Set-up in 2008, RoofSpace designs, manufactures and installs turn-key panelised roofing and room-in-roof solutions throughout the UK. It offers customers the benefits of productive, innovative and off-site manufacturing solutions which save time in the construction process and enhance the performance and comfort in homes. This acquisition allows Saint-Gobain to reinforce its position in pre-fabricated solutions for the construction market, in line with its strategy. 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
maywillow
06/12/2018
16:25
Https://www.cnbc.com/2018/12/06/glassdoor-best-companies-in-france-for-2019.html 5. Saint-Gobain Premium: Saint-Gobain French group Saint-Gobain ERIC PIERMONT | AFP | Getty Images With more than 180,000 people hired worldwide, Saint-Gobain asks its large workforce to abide by five key values during each workday: to be agile, uphold the open and engaging culture, foster strong relationship with clients, constantly innovate and embrace their entrepreneurial abilities. In return, staff members have a range of work benefits on offer. In France, this can include personalized training and commercial discounts
waldron
05/12/2018
07:25
Saint Gobain: JP Morgan moves from overweight to neutral by targeting EUR 40 against EUR 53 previously.
waldron
30/11/2018
08:44
Saint Gobain : cancels 6.5 million shares share with twitter share with LinkedIn share with facebook share via e-mail 0 11/30/2018 | 07:19am GMT PRESS RELEASE November 30, 2018 SAINT-GOBAIN CANCELS 6.5 MILLION SHARES Saint-Gobain has today November 30, 2018, cancelled 6,461,449 treasury shares bought on the market. The total number of shares composing the share capital is now 546.6 million shares. 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. €40.8 billion in sales in 2017 Operates in 67 countries More than 179,000 employees www.saint-gobain.com@saintgobain
waldron
26/11/2018
11:10
Saint Gobain: The value of the day in Paris - SAINT-GOBAIN accelerates its transformation, the title climbs share with twitter share with LinkedIn share with facebook share via email 0 11/26/2018 | 12:04 Saint-Gobain gains 3.51% to 32.82 euros on the stock market, one of the largest increases in the CAC 40 index. The world leader in the production, processing and distribution of building materials announced a program based on two pillars, "a profound change in the group's organizational structure and an acceleration of the portfolio rotation program", says Pierre-André de Chalendar, Saint-Gobain's Chief Executive Officer. The new organizational structure aims to increase the group's proximity to its end markets. It will consist of five sets, with four regional entities, and one global entity "High Performance Solutions". These will replace the three clusters and the fourteen current delegations. "The rationalization of the number of management levels will allow us to lighten our organization and the new organization will strengthen synergies at three levels, regional, market and global, for the benefit of our customers," said the specialist. construction materials. Regarding portfolio turnover, the group explained that it has accelerated. Sales of at least € 3 billion in sales before the end of 2019 for an amount of approximately € 1 billion are on track, with a positive effect expected on the operating margin of around 40 million euros. base points. More than 10 assignments of various sizes and from all sectors of activity are being prepared and three significant processes have already been launched. Thanks to these strategic initiatives, Saint-Gobain expects a positive effect on the operating margin of more than 100 basis points. In addition to the 40 basis points of its portfolio turnover, the group expects a positive operating margin effect of around 60 basis points thanks to its new organization. This should enable it to achieve cost savings of € 250 million by 2021. € 50 million is expected in 2019 and € 120 million in 2020 in addition to the current cost savings plan. 1.2 billion euros over the period 2017-2020. "At first glance, this announcement is positive for the title with notably a more important place taken by Benoit Bazin" says Oddo BHF which reiterates its recommendation Purchase on the title, with a target price unchanged of 47 euros. Appointed general manager, Benoit Bazin was chief financial officer and "the market appreciated him a lot," says the broker. Finally, the cost savings seem "real", concludes Oddo BHF. AOF
the grumpy old men
26/11/2018
08:50
RNS Number : 4544I Compagnie de Saint-Gobain 26 November 2018 PRESS RELEASE November 26, 2018 Saint-Gobain accelerates its transformation by launching the "Transform & Grow program" Acceleration of portfolio rotation New organizational structure Enhanced OPERATING MARGIN -- Acceleration of portfolio rotation in line with our announced objective to divest businesses representing sales of at least EUR3 billion, with 3 significant processes already launched together representing EUR2.3 billion of full-year sales, and 17 acquisitions completed over the first nine months of 2018 for EUR561 million -- New organizational structure with five reporting units to align the business more closely to its markets, to increase agility and empowerment, to enhance synergies through drastic simplification, and to foster growth -- Additional portfolio review to be performed within the framework of the new organization -- Positive impact of the transformation program on operating margin of more than 100 basis points: new organizational structure expected to deliver EUR250 million savings in addition to the current cost savings program in place; acceleration of portfolio rotation expected to improve operating margin by c.40 basis points -- New management structure as of January 1, 2019: Benoit Bazin will become Chief Operating Officer of the Group. He will in particular be in charge of the transformation of Saint-Gobain and the management of the four regional reporting units. Sreedhar N. will be appointed Chief Financial Officer Pierre-André de Chalendar commented: "Saint-Gobain is evolving in a fast changing market environment which can be a source of substantial growth opportunities, provided we are sufficiently close to our markets and sufficiently agile. We are launching an ambitious transformation plan, 'Transform and Grow' based on two pillars, an in-depth transformation of the Group's organizational structure and an accelerated portfolio rotation program. Much leaner, more integrated, with a strong entrepreneurial spirit and putting digital at the heart, our new organizational structure will allow us to be more aligned with our customers, more agile and more synergistic." Benoit Bazin said: " 'Transform and Grow' will allow us to unlock substantial additional growth and profitability potential. It will put our teams in an ideal situation to fully leverage our portfolio of solutions in each country and our market synergies for the benefit of our customers. We are also setting ourselves ambitious financial targets for this transformation, including EUR250 million of additional savings thanks to a leaner and more efficient organization contributing to an overall improvement of more than 100 basis points in our operating margin by 2021." The new Group organizational structure intends to align the Group more closely with its end markets, taking into account the regional dimension of the majority of our markets and the global nature of our most innovative businesses. The new structure will consist of five reporting units, with four regional businesses and a global High Performance Solutions unit: -- Northern Europe: Nordic countries, United Kingdom, Ireland, Switzerland, Germany, Austria, Eastern Europe, Russia -- Southern Europe, Middle East and Africa: France, Benelux, Mediterranean, Middle-East, Africa -- Americas: North America, Latin America -- Asia-Pacific -- High Performance Solutions: High-Performance Materials (HPM) and Sekurit (automotive glass) businesses These five reporting units will replace the current three business sectors and fourteen delegations, allowing for a more agile Group leveraging new opportunities from our digital program and with simplified decision making processes which will enhance competitiveness. Tailoring our business models to regional and market specificities will allow us to accelerate profitable growth, and streamlined management structures will result in a leaner organization. In addition, the new organizational structure will allow increased synergies at local, market and global levels, to the benefit of customers. In line with our culture of social dialogue, the relevant representative bodies will be consulted and informed. In addition to the organizational review, the Group has accelerated its portfolio rotation, and is on track to divest businesses representing sales of at least EUR3 billion by the end of 2019 for around EUR1 billion in value, resulting in a positive impact of around 40 basis points on the operating margin; more than 10 companies of various sizes across all sectors are being actively prepared for divestment and three significant processes have already been launched: -- Divestment of the entities of the Xuzhou Pipe site in China Pipe for c.EUR200 million (2017 sales: c. EUR250 million) -- A divestment process has been launched for Building Distribution Germany (2017 sales: c. EUR1.9 billion) -- A divestment process is underway for the silicon carbide business (part of HPM, with 2017 sales: c. EUR120 million) A further exhaustive review of the portfolio will be carried out by each of the new business units in the new organization. As a result of these strategic initiatives, in particular the new organizational structure and the accelerated portfolio rotation program, the Group expects a positive impact on operating margin of more than 100 basis points: -- Acceleration of portfolio rotation expected to improve operating profit margin by around 40 basis points -- New organizational structure expected to improve operating profit margin by around 60 basis points thanks to new cost savings of EUR250 million by 2021 (EUR50 million in 2019, EUR120 million in 2020) in addition to our existing EUR1.2 billion cost savings program for 2017-2020 A conference call will be held at 8:00am (Paris time) on November 26, 2018: dial +33 1 72 72 74 03 followed by the code 32678726#. A presentation regarding these announcements will shortly be available on Saint-Gobain's website at: Https://www.saint-gobain.com/en/finance/events-and-financial-results
waldron
26/11/2018
08:50
RNS Number : 4544I Compagnie de Saint-Gobain 26 November 2018 PRESS RELEASE November 26, 2018 Saint-Gobain accelerates its transformation by launching the "Transform & Grow program" Acceleration of portfolio rotation New organizational structure Enhanced OPERATING MARGIN -- Acceleration of portfolio rotation in line with our announced objective to divest businesses representing sales of at least EUR3 billion, with 3 significant processes already launched together representing EUR2.3 billion of full-year sales, and 17 acquisitions completed over the first nine months of 2018 for EUR561 million -- New organizational structure with five reporting units to align the business more closely to its markets, to increase agility and empowerment, to enhance synergies through drastic simplification, and to foster growth -- Additional portfolio review to be performed within the framework of the new organization -- Positive impact of the transformation program on operating margin of more than 100 basis points: new organizational structure expected to deliver EUR250 million savings in addition to the current cost savings program in place; acceleration of portfolio rotation expected to improve operating margin by c.40 basis points -- New management structure as of January 1, 2019: Benoit Bazin will become Chief Operating Officer of the Group. He will in particular be in charge of the transformation of Saint-Gobain and the management of the four regional reporting units. Sreedhar N. will be appointed Chief Financial Officer Pierre-André de Chalendar commented: "Saint-Gobain is evolving in a fast changing market environment which can be a source of substantial growth opportunities, provided we are sufficiently close to our markets and sufficiently agile. We are launching an ambitious transformation plan, 'Transform and Grow' based on two pillars, an in-depth transformation of the Group's organizational structure and an accelerated portfolio rotation program. Much leaner, more integrated, with a strong entrepreneurial spirit and putting digital at the heart, our new organizational structure will allow us to be more aligned with our customers, more agile and more synergistic." Benoit Bazin said: " 'Transform and Grow' will allow us to unlock substantial additional growth and profitability potential. It will put our teams in an ideal situation to fully leverage our portfolio of solutions in each country and our market synergies for the benefit of our customers. We are also setting ourselves ambitious financial targets for this transformation, including EUR250 million of additional savings thanks to a leaner and more efficient organization contributing to an overall improvement of more than 100 basis points in our operating margin by 2021." The new Group organizational structure intends to align the Group more closely with its end markets, taking into account the regional dimension of the majority of our markets and the global nature of our most innovative businesses. The new structure will consist of five reporting units, with four regional businesses and a global High Performance Solutions unit: -- Northern Europe: Nordic countries, United Kingdom, Ireland, Switzerland, Germany, Austria, Eastern Europe, Russia -- Southern Europe, Middle East and Africa: France, Benelux, Mediterranean, Middle-East, Africa -- Americas: North America, Latin America -- Asia-Pacific -- High Performance Solutions: High-Performance Materials (HPM) and Sekurit (automotive glass) businesses These five reporting units will replace the current three business sectors and fourteen delegations, allowing for a more agile Group leveraging new opportunities from our digital program and with simplified decision making processes which will enhance competitiveness. Tailoring our business models to regional and market specificities will allow us to accelerate profitable growth, and streamlined management structures will result in a leaner organization. In addition, the new organizational structure will allow increased synergies at local, market and global levels, to the benefit of customers. In line with our culture of social dialogue, the relevant representative bodies will be consulted and informed. In addition to the organizational review, the Group has accelerated its portfolio rotation, and is on track to divest businesses representing sales of at least EUR3 billion by the end of 2019 for around EUR1 billion in value, resulting in a positive impact of around 40 basis points on the operating margin; more than 10 companies of various sizes across all sectors are being actively prepared for divestment and three significant processes have already been launched: -- Divestment of the entities of the Xuzhou Pipe site in China Pipe for c.EUR200 million (2017 sales: c. EUR250 million) -- A divestment process has been launched for Building Distribution Germany (2017 sales: c. EUR1.9 billion) -- A divestment process is underway for the silicon carbide business (part of HPM, with 2017 sales: c. EUR120 million) A further exhaustive review of the portfolio will be carried out by each of the new business units in the new organization. As a result of these strategic initiatives, in particular the new organizational structure and the accelerated portfolio rotation program, the Group expects a positive impact on operating margin of more than 100 basis points: -- Acceleration of portfolio rotation expected to improve operating profit margin by around 40 basis points -- New organizational structure expected to improve operating profit margin by around 60 basis points thanks to new cost savings of EUR250 million by 2021 (EUR50 million in 2019, EUR120 million in 2020) in addition to our existing EUR1.2 billion cost savings program for 2017-2020 A conference call will be held at 8:00am (Paris time) on November 26, 2018: dial +33 1 72 72 74 03 followed by the code 32678726#. A presentation regarding these announcements will shortly be available on Saint-Gobain's website at: Https://www.saint-gobain.com/en/finance/events-and-financial-results
waldron
26/11/2018
08:45
France's Compagnie de Saint-Gobain SA (SGO.FR) said Monday that it will accelerate an asset-sale program and overhaul its unit structure in an effort to boost margins and find savings. Under the new structure, Saint-Gobain will be organized into five reporting units, compared with the current three divisions and 14 delegations. The new structure should deliver around 250 million euros ($283.3 million) in savings and shore up the operating margin by more than 100 basis points, the company said. Accelerating the asset-sale program should strengthen margins by around 40 basis points, it said. Meanwhile, Saint-Gobain said Benoit Bazin will become the new chief operating officer, effective Jan. 1. Sreedhar N will be appointed chief financial officer, the company said. Write to Nathan Allen at nathan.allen@dowjones.com -0- Positive impact of the transformation program on operating margin of more than 100 basis points: new organizational structure expected to deliver €250 million savings in addition to the current cost savings program in place; acceleration of portfolio rotation expected to improve operating margin by c.40 basis points (END) Dow Jones Newswires November 26, 2018 02:32 ET (07:32 GMT)
waldron
23/11/2018
09:25
26/11/18 | 08:00 Business Update Call
grupo guitarlumber
23/11/2018
08:34
November 23, 2018 SAINT-GOBAIN SELLS PART OF ITS PIPE ACTIVITY IN CHINA Saint-Gobain has finalized the sale of the entities of its Xuzhou site in China and its industrial and property assets to Nanjing Manyuan Technology Co.,Lt. (NMT) for approximately EUR200 million at current exchange rates. The transaction was approved by the Ministry of Commerce of the People's Republic of China (MOFCOM). This site is one the Group's two Pipe manufacturing facilities in China, specialized in the production of ductile cast iron pipes and fittings. In 2017, its turnover amounted to approximately EUR250 million. This operation is part of the divestment program announced by the Group at the end of July 2018. It is an integral part of the Pipe activity's worldwide plan to improve its competitiveness. 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
adrian j boris
23/11/2018
08:33
23/11/2018 | 9:06 PARIS (Agefi-Dow Jones) - Construction materials producer Saint-Gobain announced Friday the sale of its Xuzhou plant in China to Nanjing Manyuan Technology for about 200 million euros at current exchange. This site, which specializes in the production of ductile iron pipes and fittings, achieved a turnover of approximately 250 million euros in 2017. "This transaction is part of the disposal program announced by the group at the end of July 2018," said a press release issued by the company. "It is an integral part of the plan to improve the competitiveness of the channeling activity in the world", we can read elsewhere. -Dimitri Delmond, Agefi-Dow Jones; +33 (0) 1 41 27 47 31; ddelmond@agefi.fr ed: VLV Agefi-Dow Jones The financial newswire
adrian j boris
12/11/2018
12:48
12/11/2018 | 1:36 p.m. Bryan Garnier remains Neutral on Saint-Gobain, with a target price of 47 euros. According to the broker, the price effect improved during the year, which was sufficient to recover the inflation of raw material and energy costs in the first half of the year and should be again second half, after a good third quarter, despite higher than expected inflation this year.
grupo
29/10/2018
16:47
29/10/2018 | 1:45 p.m. BARCELONA (Agefi-Dow Jones) - BASF's chemicals business for the construction industry could bring the German chemicals group up to € 2.9 billion, but it will take time for a transaction materializes, says Bernstein. There are few financially strong candidates to acquire this division, and consolidation of the sector could be a problem for the competition authorities, the financial intermediary believes. Sika is the most obvious candidate, but the group is more interested in smaller acquisitions that would complement its portfolio, says Bernstein. Other competitors are smaller and will probably not offer, while Saint-Gobain has the funds but perhaps not the motivation, Bernstein adds. In the end, this activity could be split or sold to a private equity firm, says the bank. The title BASF gained 0.3% to 66.62 euros. -Nathan Allen, Dow Jones Newswires (French version Aurélie Henri) ed: LBO Agefi-Dow Jones The financial newswire
sarkasm
28/10/2018
11:08
21/02/19 Year 2018 Publication of results
waldron
28/10/2018
11:01
26/10/2018 | 2:40 p.m. Oddo BHF reiterates its purchase recommendation on Saint-Gobain, as well as its target price of 47 euros. The group published third-quarter revenue in line with the broker's expectations. Following this publication, Oddo BHF believes that the consensus should remain unchanged. The analysis office is also reassured about the price / cost effects, but the decline in volumes "does not allow to see more clearly on the underlying trends."
waldron
26/10/2018
06:34
French construction-materials producer Compagnie de Saint-Gobain S.A. (SGO.FR) on Thursday backed its outlook after its revenues grew on year. Group revenue for the first nine months of the year were 31.13 billion euros ($35.55 billion) compared with EUR30.57 billion the year prior. The company backed its outlook for the year, saying it expects a like-for-like increase in operating income, and that for the second half it expects the like-for-like increase to be clearly above the level achieved in the first half. "Saint-Gobain continues along its growth trajectory despite a tough comparison basis in Q3 2017. Our focus on increasing prices - critical in an inflationary environment - continues to pay off," said Pierre-Andre de Chalendar, Chairman and Chief Executive Officer of Saint-Gobain. "The industrial issues that had weighed on our profitability in the first half of the year are largely behind us." Write to Donato Paolo Mancini at donatopaolo.mancini@dowjones.com (END) Dow Jones Newswires October 25, 2018 12:18 ET (16:18 GMT)
grupo
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