By Sarah Sloat 
 

Compagnie de Saint-Gobain SA (SGO.FR) said Thursday that first-quarter sales rose, helped by a weak comparison basis in the year-earlier period.

The French construction-materials company had sales of 10.38 billion ($11.62 billion), compared with EUR9.76 billion in the same period the year earlier. On a like-for-like basis, sales grew by 5.7%.

"Prices continued to progress along the lines of last year's upbeat trends in a slightly lower inflationary environment," the company said.

Saint-Gobain confirmed its 2019 outlook and said it continues to target a further like-for-like increase in operating income.

 

Write to Sarah Sloat at sarah.sloat@wsj.com

 

(END) Dow Jones Newswires

April 25, 2019 12:24 ET (16:24 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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