Saint-Gobain : Don’t get pipped at the post
>Q3 revenues and volumes in line with expectations - Q3 2024 revenues at € 11.575bn (stable in real terms, -2.0% cc with -0.5% for prices), in line with the consensus of € 11.6bn. The group chalked up a volume effect of -1.5%, in line with the consensus and ahead of our estimate of -2.7%. After a volume decline of -3.1% in Q2, the sequential improvement at -1.5% looks to be a solid performance given the Paris Olympics and the dissolution of the National Assembly (desp...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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