TIDMCOD

RNS Number : 6992A

Compagnie de Saint-Gobain

03 June 2021

PRESS RELEASE

June 3, 2021, 8:00 am, Paris time

SAINT-GOBAIN: RECORD OPERATING INCOME AND MARGIN

EXPECTED IN FIRST-HALF 2021

Sales in April and May continued to show very good trends, supported by the dynamic renovation market in Europe, especially in France, growth in construction markets in the Americas and in Asia-Pacific, as well as continued sequential improvement in industrial markets. Nevertheless, the health situation remains uncertain, especially in Brazil - with a limited impact on our businesses - and in India, which has been impacted in the last two months.

In this context, the operating income in first-half 2021 should clearly exceed the record level of second-half 2020. The operating margin in first-half 2021 should therefore reach a new record.

Full results for first-half 2021 and outlook for 2021 will be published on July 29, 2021.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change. This strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING THE WORLD A BETTER HOME", which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.

EUR38.1 billion in sales in 2020

More than 167,000 employees, located in 70 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain ,

visit www.saint-gobain.com and follow us on Twitter @saintgobain

 
 
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                            +33 1 88 54   Patricia Marie          + 33 1 88 54 
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June 03, 2021 02:24 ET (06:24 GMT)

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