Report
Sven Edelfelt

Saint-Gobain : Rien de nouveau sous le soleil de la rénovation

>Un CA T3 cohérent avec les annonces du CMD - CA T3 2021 à 10 802 M€ (+6.7% en réel, +9.4% à pcc dont 8.7% en prix). Le groupe avait déjà pre-annoncé un effet prix de 8% et un effet volume de 1% lors de son CMD. Le groupe a enregistré un tassement de sa croissance en volume afin de juguler la flambée des coûts d’énergie (1.5 Md€ sur l’année dont 1.1 Md€ sur le S2 seul). Au T3, les effets de base moins favorables commencent à se faire sentir (cf tableau en page 2). Les...
Underlying
Compagnie de Saint-Gobain SA

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Sven Edelfelt

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