Report
Sven Edelfelt

Saint-Gobain : Pour ne pas oublier l’essentiel…

>ROP > attentes et ratio prix/coût de 60 M€ en 2021 - Résultat opérationnel 2021 au-dessus des attentes à 4 507 M€ soit +39% à pcc et +60% en réel (voir tableau page suivante). Le ROP a été tiré par le rebond de l’activité dans toutes les branches en particulier la construction dont l’effet prix bas des records. Sur l’année la marge augmente de 270 pb à 10.2% mais elle se détériore, comme attendu, de 30 pb au S2 (9.7%). Sur l’année le couple prix/ coûts ressort positi...
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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