Saint-Gobain : No change to the trend anticipated
>Q3 set to be unsurprising - Q3 2024 sales on 29 October and conference call after trading. The group is expected to report trends broadly in line with Q2. We forecast volumes down -2.7% in Q3 after -3.1% in Q2 and -4.7% in Q1, a price effect of -0.4% after -0.9% in Q2 and -1.1% in Q1. The drop in prices can still be attributed mainly to flat glass (-1.0% assuming stable prices for the rest of sales excl. glass). In the construction segment, France and Germany remain ...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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