Report
Sven Edelfelt

Morning dew in June, all is well!

>Another record H1 - Saint-Gobain's preliminary H1 operating profit, unveiled before trading yesterday, beat all expectations. The group expects operating profit to exceed the record level posted in H1 2021 and the operating margin should once again be in the double digits. Saint-Gobain also confirmed its full-year guidance, i.e. another increase in operating profit in 2022 vs 2021 at constant forex.There are a number of reasons for this performance: favourable m...
Underlying
Compagnie de Saint-Gobain SA

Compagnie de Saint-Gobain manufactures, produces, and distributes industrial materials. Co.'s activities are divided into four sectors: Innovative Materials (Co. makes, processes and sells glass and glazing products for the building, the automotive and solar energy industries; Co. also manufactures Ceramics and Plastics, Abrasives, and Textiles), Construction Products (Co. offers products for the Insulation, Gypsum, Exterior Products, Pipe and Industrial Mortars), Building Distribution (Co. distributes building materials (plumbing, heating and sanitaryware products) and ceramic tiles), and Packaging - Verallia (Co. manufactures glass containers and jars for foodstuffs and beverages).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Sven Edelfelt

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