Report
Sven Edelfelt

Saint-Gobain : Vers T3 solide en attendant la grande inconnue T4…

>ROP S1 10%> consensus et cash-flow à +143% - Le résultat opérationnel S1 ressort à 827 M€ soit 10% au-dessus du consensus (consensus à 750 M€ et ODDO BHF à 680 M€). A pcc, le ROP recule de 49.2% contre -57%e pour nos estimations. Les divisions SHP (-5.6 pb) et l’Europe du Sud (-3.3 pb) affichent le recul de marge le plus marqué (marchés industriels négatifs en juin et confinement strict en Europe du Sud). L’Asie Pacifique reste pénalisée par un environnement prix co...
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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