Saint-Gobain : Momentum up and running and a fly (coronavirus) in the ointment
>Of note, good cash flow and more dynamic organic growth - Whilst our comments on preliminary results can be found in our Flash published on 28 February (“Very good cash flow in 2019â€) our takeaways from the conference call are discussed below. The group’s reorganisation masks a major transformation, as we had thought. The main piece of good news from the analysts’ meeting, were the positive effects on organic growth estimated at between 1.0% and 1.5% in specific coun...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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