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Davy Research

Saint-Gobain Group

Sequential improvements in Q1

Apr 25 2025, 07:04 IST/BST
Ross Harvey CFA
Company Report
6 page(s)

Sectors : Building products

Companies : Saint-Gobain Group

Ratings and price correct at time of issue.

Saint-Gobain Group

Closing Price: 9030c
RATING 29/01/21
OUTPERFORM
PREVIOUS RATING 02/11/20

NEUTRAL

Person's Name

Ross Harvey CFA

Analyst

DAVY VIEW

Saint-Gobain’s Q1 results confirmed modest – and welcome – sequential improvements in volume and pricing trends relative to Q4. The statement also reads well, especially with regard to its zero direct exposure to customs tariffs. The stock is c.15% off its recent highs (€106 in early-March).

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Apr 25 2025, 07:04 IST/BST