Saint-Gobain : Headed for the highest heights
>Record H1 earnings and a dynamic Q2 - Saint-Gobain's preliminary H1 2021 operating profit, unveiled before trading yesterday, beat all expectations. The group sees H1 2021 EBIT clearly above the historical level of H2 2020 and a new record-level operating margin. The market did not yet have the consensus, but we (and investors) would have expected it to be lower than the record amount for H2 2021 of € 2.028bn.Several reasons account for this performance: good mo...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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