Saint-Gobain : An exceptional dividend on the divestment of stakes in Sika?
>Sika: more than a good excuse - We think that Saint-Gobain could announce an exceptional dividend. In an internal communication, the group’s unions alluded to this possibility: “the payment of dividends for 2020 is no longer frozen”. Good news, note that the group had planned to hold a board meeting before the end of November. At the Q3 sales release, the group announced that an update on the dividend policy for 2020 (to be paid in 2021) would be made. Whilst the gro...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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