Saint-Gobain 9-Month Sales Of 4.3%

(RTTNews) - French building materials firm Saint-Gobain (CODGF.PK), Thursday reported sales for the nine-month period of 32.47 billion euros, up 4.3% from 31.13 billion euros last year.

On a like-for-like basis, sales were up 3.4% over nine months. Volumes up 1.4% for the nine-month period, while prices were up 2.0%.

High Performance Solutions (HPS) sales rose 0.9% over the nine-month period, while Northern Europe advanced 3.0%. Southern Europe - Middle East & Africa increased 4.2% over the nine-month period and the Americas posted 3.8% organic growth.

Saint-Gobain confirmed its objectives for full-year 2019 and for the second half expects a like-for-like increase in operating income compared to second-half 2018.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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