StreetInsider.com News Articles

Saint-Gobain sales rise as Asia and emerging markets drive growth

Thu, 31 Jul 2025 12:57:42 -0500

Investing.com -- Saint-Gobain reported its first-half results on Thursday after the close, posting a 3.4% year-over-year increase in sales at constant currencies, reaching €23.9 billion.

The sales increase was driven by strong momentum in Asia and emerging markets and bolstered by recent acquisitions.

Operating income rose 5% in local currencies to a record €2.8 billion, despite currency headwinds.

The group achieved an all-time high operating margin of 11.8%, up from 11.7% the previous year. EBITDA also hit a record, rising 7% in local currencies.

Chairman and CEO Benoit Bazin said the performance “once again demonstrates the strength of Saint-Gobain’s new profile,”

Saint-Gobain sales rise as Asia and emerging markets drive growth

Thu, 31 Jul 2025 12:57:42 -0500

Investing.com -- Saint-Gobain reported its first-half results on Thursday after the close, posting a 3.4% year-over-year increase in sales at constant currencies, reaching €23.9 billion.

The sales increase was driven by strong momentum in Asia and emerging markets and bolstered by recent acquisitions.

Operating income rose 5% in local currencies to a record €2.8 billion, despite currency headwinds.

The group achieved an all-time high operating margin of 11.8%, up from 11.7% the previous year. EBITDA also hit a record, rising 7% in local currencies.

Chairman and CEO Benoit Bazin said the performance “once again demonstrates the strength of Saint-Gobain’s new profile,”

Berenberg upgrades Saint-Gobain stock to Buy

Thu, 10 Apr 2025 10:17:39 -0500

Investing.com -- Berenberg has upgraded Compagnie de Saint Gobain SA (EPA:SGOB) stock to Buy rating, citing the recent approximately 25% decline in share price due to concerns about U.S. tariffs as an attractive entry point.

The firm has maintained its EUR94 price target for the stock and has made no material changes to its earnings forecasts.

Despite the macroeconomic concerns and the introduction of U.S. tariffs causing uncertainty in global markets, Berenberg views the direct impact on Saint-Gobain as limited.

The company generates around 20% of its revenue from products manufactured domestically in the U.S. Berenberg also notes that, although there are worries

Berenberg upgrades Saint-Gobain stock to Buy

Thu, 10 Apr 2025 10:17:39 -0500

The firm has maintained its EUR94 price target for the stock and has made no material changes to its earnings forecasts.

Despite the macroeconomic concerns and the introduction of U.S. tariffs causing uncertainty in global markets, Berenberg views the direct impact on Saint-Gobain as limited.

The company generates around 20% of its revenue from products manufactured domestically in the U.S. Berenberg also notes that, although there are worries

Berenberg upgrades Saint-Gobain stock to Buy

Thu, 10 Apr 2025 10:17:39 -0500

The firm has maintained its EUR94 price target for the stock and has made no material changes to its earnings forecasts.

Despite the macroeconomic concerns and the introduction of U.S. tariffs causing uncertainty in global markets, Berenberg views the direct impact on Saint-Gobain as limited.

The company generates around 20% of its revenue from products manufactured domestically in the U.S. Berenberg also notes that, although there are worries

Berenberg upgrades Saint-Gobain stock to Buy

Thu, 10 Apr 2025 10:17:39 -0500

The firm has maintained its EUR94 price target for the stock and has made no material changes to its earnings forecasts.

Despite the macroeconomic concerns and the introduction of U.S. tariffs causing uncertainty in global markets, Berenberg views the direct impact on Saint-Gobain as limited.

The company generates around 20% of its revenue from products manufactured domestically in the U.S. Berenberg also notes that, although there are worries

European stocks muted; Micron hits sentiment ahead of key US inflation release

Thu, 27 Jun 2024 05:47:55 -0500

Investing.com - European stock markets traded in a muted fashion Thursday, with a disappointing outlook from chipmaker Micron (NASDAQ:MU) weighing on sentiment ahead of the release of key U.S. inflation data.

At 04:30 ET (07:30 GMT), the DAX index in Germany traded 0.3% higher, the CAC 40 in France rose 0.1%, while the FTSE 100 in the U.K. dropped 0.2%.