Compagnie de Saint-Gobain Saint-Gobain completes the divestment of DMTP (2931V)
02 Dicembre 2019 - 8:35AM
UK Regulatory
TIDMCOD
RNS Number : 2931V
Compagnie de Saint-Gobain
02 December 2019
PRESS RELEASE
December 2, 2019
SAINT-GOBAIN COMPLETES THE DIVESTEMENT OF ITS CIVIL ENGINEERING
MATERIALS DISTRIBUTION BUSINESS (DMTP) In France
Saint-Gobain completed the sale of the company Distribution de
Matériaux pour les Travaux Publics (DMTP) to Frans Bonhomme Group
on November 29, 2019.
This divestment, which generated revenues of EUR250 million and
operating income of nearly EUR3 million in 2018, was based on an
enterprise value of EUR70 million.
This transaction is part of Saint-Gobain's portfolio
optimization strategy within the framework of its new organization.
Divestments completed or signed by the Group to date in order to
enhance its growth and profitability profile represent sales of
around EUR3.3 billion. Saint-Gobain is continuing its divestment
program even though the initial target of over EUR3 billion in
sales divested by the end of the year has already been met.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and
solutions which are key ingredients in the wellbeing of each of us
and the future of all. They can be found everywhere in our living
places and our daily life: in buildings, transportation,
infrastructure and in many industrial applications. They provide
comfort, performance and safety while addressing the challenges of
sustainable construction, resource efficiency and climate
change.
EUR41.8 billion in sales in 2018
Operations in 68 countries
More than 180,000 employees
For more information about Saint-Gobain
Visit www.saint-gobain.com
and follow us on Twitter @saintgobain
Analyst/Investor relations Press relations
+33 1 47 62 +33 1 47 62 30
44 29 10
+33 1 47 62 +33 1 47 62 51
Vivien Dardel 35 98 Laurence Pernot 37
Floriana Michalowska +33 1 47 62 Patricia Marie +33 1 47 62 43
Christelle Gannage 30 93 Susanne Trabitzsch 25
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END
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December 02, 2019 02:35 ET (07:35 GMT)
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