Report
Sven Edelfelt

Saint-Gobain : Let time do its work

>An historic year in 2021 - 2021 results due on 24 February after trading and conference call at 8.30am CET. We think that the group could chalk up a good set of Q4 figures and, importantly, a neutral price-cost profile in H2 (vs expectations of a negative € 100m since Q3). The recent performances reported by the competition, with Rexel, Legrand, Rockwool or NSG, may well provide a foretaste of the momentum that Saint-Gobain could achieve in Q4. We forecast Q4 re...
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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