Saint-Gobain : Limits are made to be beaten
>Q1 not significant but significant nonetheless - Q1 2021 sales of € 10,379m (+10.9% in real terms and +14.3% l-f-l). The consensus forecast was for organic growth of 9.1% with 7% for volumes. Growth at all divisions and in all regions vs 2020 but also vs 2019 (see table on page 2). Sales volumes grew 11.7% in Q1 after 4.6% in Q4 and 2.3% in Q3. Note that like the rest of the sector the group lost 15 days of activity in 2020 due to the lockdown. The price mix effect ...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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