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SGO — Compagnie de Saint Gobain SA News Story

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Saint-Gobain shares rise after H1 margin, volume growth

BUZZ-Saint-Gobain shares rise after H1 margin, volume growth

** Shares in French construction materials group Saint-Gobain SGOB.PA rise 6.8% after the company reported accelerating volume growth and a resilient margin in H1

** "We view it positively that the company successfully implemented price increases to offset cost inflation without having an impact on volumes," Morningstar says

** It says a major driver behind the margin performance is a double-digit revenue growth in the North American roofing business in Q2

** Up to the previous session's close, shares were down 12.6%​ YTD


(Reporting by Hugo Lhomedet)

((hugo.lhomedet@thomsonreuters.com))

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