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Apr 26 2024, 07:32 IST/BST
Saint-Gobain Group
Solid Q1 update; full-year guidance confirmed
- Sectors : Building products
- Companies : Saint-Gobain Group
DAVY VIEW
Saint-Gobain has had a positive 2024 so far – it has achieved a small sequential improvement in volumes, pricing continues to capture a positive price-cost spread and M&A activity has been brisk but targeted. The confirmation of a fourth consecutive year of double-digit margins is not a surprise but reaffirms the company’s higher level of earnings predictability.
