Saint-Gobain : A reputational rather than a financial threat
>The Grenfell tower tragedy - This tragedy is likely to continue to generate negative headlines especially after the revelation of the recent setbacks suffered by Kingspan. On 17 December, the British press reported on emails sent by certain employees joking about product quality and lies (HERE). The investigation has to determine whether the cladding fitted in the recent renovation could have contributed to the spread of the fire via insulation products sold by Celot...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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