Saint-Gobain : Cultivate the best and eliminate the worst
>Feedback on 2023 earnings publication - Comments on results are available in our equity flash published on 1 March (“The future is solid, the past is liquid”). Management expressed a degree of confidence based on the outlook in renovation, its capacity to cover inflation (double-digit margin in 2024) and a stabilisation in the negative trends observed in Europe (especially in northern Europe). If at first glance, the management seemed to lack skill in its communicati...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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