For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220606:nRSF6583Na&default-theme=true
RNS Number : 6583N Compagnie de Saint-Gobain 06 June 2022
RECORD OPERATING INCOME
EXPECTED IN FIRST-HALF 2022
Trends since the start of 2022 confirm the good momentum of the Group's
markets, especially renovation in Europe and construction in the Americas and
in Asia (excluding China), driven by prices thanks to the added value brought
by its solutions in the context of a high volume comparison basis last year.
This performance reflects the Group's strategic positioning as the worldwide
leader in light and sustainable construction, deploying country-by-country its
unique range of innovative solutions offering sustainability and performance
to maximize the positive impact for its customers, as part of its "Grow &
Impact" plan.
In this context, Saint-Gobain confirms that it is targeting a further increase
in operating income in 2022 compared to 2021 at constant exchange rates. In
first-half 2022, the Group expects the operating income to exceed the record
level of first-half 2021 and to achieve a double-digit operating margin.
First-half 2022 results will be published on Wednesday July 27, 2022.
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".
€44.2 billion in sales in 2021
166,000 employees, locations in 75 countries
Committed to achieving Carbon Neutrality by 2050
For more information about Saint-Gobain,
visit www.saint-gobain.com (http://www.saint-gobain.com/) and follow us on
Twitter @saintgobain
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END TSTGLGDLSGGDGDD