Saint-Gobain Group

Resilient results testament to success of strategic and operational pivot

  • Sectors : Building products
  • Companies : Saint-Gobain Group

Ratings and price correct at time of issue.

  • Saint-Gobain Group

    Closing Price: 10030c

  • RATING 29/01/21

  • PREVIOUS RATING 02/11/20

    NEUTRAL

DAVY VIEW

Saint-Gobain’s strategic pivot to a reshaped operating portfolio framed on light and sustainable construction is core to the group’s resilient performance in testing circumstances. In this regard, despite a further squeeze on volumes, the group’s operating margin hit a new record level in the first half. This helped Saint-Gobain deliver a modest increase in operating profit. The new strategy has been rewarded by investors, with the stock more or less doubling in the past three years and jumping over 30% from its recent lows of early April.

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Aug 1 2025, 07:13 IST/BST

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