Saint-Gobain : Already the hope of better prospects
>Underlying volumes in Q1 not as bad as in Q4 - Q1 2024 sales on 25 April and conference call after trading. The group is expected to post trends broadly in line with Q4 but with a negative working days impact of 1.5% taking a toll. We expect volumes at -4.8% in Q1 after -4.8% in Q4, -5.0% in Q3 and –7.0% in Q2, a price effect of -0.6% after 0.6% in Q4, 2.0% in Q2 and 5.9% in Q1. The drop in prices can be attributed mainly to flat glass (-1.0% assuming stable prices f...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).
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.
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