SAINT-GOBAIN (EPA:SGO) - Saint-Gobain: record operating income and margin expected in first-half 2021
Transparency directive : regulatory news
03/06/2021 08:00
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PRESS RELEASE
June 3, 2021, 8:00 am
SAINT-GOBAIN: RECORD OPERATING INCOME AND MARGIN EXPECTED IN FIRST-HALF 2021
Sales in April and May continued to show very good trends, supported by the
dynamic renovation market in Europe, especially in France, growth in
construction markets in the Americas and in Asia- Pacific, as well as continued
sequential improvement in industrial markets. Nevertheless, the health
situation remains uncertain, especially in Brazil - with a limited impact on
our businesses - and in India, which has been impacted in the last two months.
In this context, the operating income in first-half 2021 should clearly exceed
the record level of second-half 2020. The operating margin in first-half 2021
should therefore reach a new record.
Full results for first-half 2021 and outlook for 2021 will be published on July
29, 2021.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and solutions for
the construction, mobility, healthcare and other industrial application
markets. Developed through a continuous innovation process, they can be found
everywhere in our living places and daily life, providing wellbeing,
performance and safety, while addressing the challenges of sustainable
construction, resource efficiency and the fight against climate change. This
strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING
THE WORLD A BETTER HOME", which responds to the shared ambition of all the
women and men in the Group to act every day to make the world a more beautiful
and sustainable place to live in.
EUR38.1 billion in sales in 2020
More than 167,000 employees, located in 70 countries
Committed to achieving Carbon Neutrality by 2050
For more information about Saint-Gobain,
visit www.saint-gobain.com and follow us on Twitter @saintgobain
Analyst/Investor relations
Vivien Dardel +33 1 88 54 29 77
Floriana Michalowska +33 1 88 54 19 09
Christelle Gannage +33 1 88 54 15 49
Press relations
Patricia Marie +33 1 88 54 26 83
Bénédicte Debusschere +33 1 88 54 14 75
Susanne Trabitzsch +33 1 88 54 27 96
SAINT-GOBAIN
Headquarters: Tour Saint-Gobain * 12 place de l'Iris * 92096 *
La Défense Cedex * France * Tel.: +33 1 88 54 00 00
www.saint-gobain.com