Saint-Gobain Group

Maintaining a positive price-cost spread

  • Sectors : Building products
  • Companies : Saint-Gobain Group

Ratings and price correct at time of issue.

  • Saint-Gobain Group

    Closing Price: 7638c

  • RATING 29/01/21

  • PREVIOUS RATING 02/11/20

    NEUTRAL

DAVY VIEW

The maintenance of positive price-cost spreads at Saint-Gobain is reflective of a favourable cost backdrop and a more commercially-minded entity. On top of this organic momentum, we have been impressed by the speed and quantum of Saint-Gobain’s M&A in the first half, which should provide benefits into 2025.

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Jul 26 2024, 07:55 IST/BST

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