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Jul 31 2026, 06:43 IST/BST
Saint-Gobain Group
Impressive Q2 improvement sets up better-than-expected H1 EBITDA result
- Sectors : Building products
- Companies : Saint-Gobain Group
DAVY VIEW
After a difficult first quarter, Saint-Gobain enjoyed a much-improved performance in Q2 with a return to volume growth for the first time in over four years. Both H1 revenues and EBITDA were better than expected, with the latter impressively 4% above the consensus expectation. Full year EBITDA margin guidance was reiterated, which is encouraging. The results and outlook suggest Saint-Gobain is well positioned strategically and operationally, with the investment case further supported by what remains a harsh valuation.
