Report
Sven Edelfelt

Saint-Gobain : A good quarter driven by the strength of the recovery

>Q3 2020 sales: a very positive surprise in prospect - Q3 2020 sales, on 29 October after the market close and the conference call at 6.30p.m. CET (+33 (0) 1 72 72 74 03 followed by the code 84352912#). We think that the trends unveiled by the group at end June have broadly continued in Q3. Recap on the trends: HPS: June at -8.2% and -27% in Q2, northern Europe, June at +4.9% and -15.6% in Q2, southern Europe: +7% in June, i.e. -22.7% in Q2, Americas: +6.7% in June an...
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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