Saint-Gobain : Still a chance of an improvement and/or Q4 dividend payment
>Cautious optimism - Whilst our comments on the preliminary results can be found in our Flash published on 31 July (“Q3 set to be solid pending Q4, the big unknown...â€), our takeaways from the analysts’ meeting are as follows. The tone was broadly upbeat, especially for Q3, but visibility remains poor, notably for Q4. Payment of an exceptional dividend at the end of the year will depend on Q4. For 2021, the management was optimistic concerning the “European Green Dea...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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