Sequential improvement in volumes at comparable working days and positive price-cost spread
Structure: continued optimization of Group's profile, in terms of both divestments and acquisitions
EUROPE, MIDDLE EAST & AFRICA:
SEQUENTIAL IMPROVEMENT IN VOLUMES, CLOSE TO A LOW POINT
-0.4%
-4.3%
-15.0%
-10.3%
7,394
6,288
Q1-2023 sales
Exchange rates
Structure
Organic growth
Q1-2024 sales
Change in
France
Nordics
United
Germany
Spain-Italy
sales on a
Kingdom
like-for-like
-12.3%
-15.0%
-4.5%
-13.1%
-0.7%
basis
4
Q1-2024 SALES
AMERICAS: STRONG SALES GROWTH DRIVEN BY NORTH AMERICA
+5.9%
+7.8%
+0.3%
+1.6%
2,180
2,349
Q1-2023 sales
Exchange rates
Structure
Organic growth
Q1-2024 sales
Change in sales on a like-for-like basis
North America
Latin America
+12.2%
-10.8%
5
Q1-2024 SALES
ASIA-PACIFIC: GOOD SALES MOMENTUM
+4.5%
+2.6%
+2.5%
-4.4%
491
504
Q1-2023 sales
Exchange rates
Structure
Organic growth
Q1-2024 sales
6
Q1-2024 SALES
HIGH PERFORMANCE SOLUTIONS: GOOD MOMENTUM IN CONSTRUCTION CHEMICALS, LOWER SALES ON INDUSTRIAL MARKETS
+0.5%
-0.4%
-5.3%
-5.4%
2,556
2,420
Q1-2023 sales
Exchange rates
Structure
Organic growth
Q1-2024 sales
Change in sales on a like-for-like basis
Construction
Mobility
and industry
-8.0%
-0.9%
7
Q1-2024 SALES
2024 OUTLOOK
Europe: resilience in renovation; new construction remaining difficult before gradually reaching a low point country by country
Americas: construction to hold firm in North America (new build and renovation); recovery expected during the year in Latin America
Asia-Pacific: good growth in most countries
High Performance Solutions: Construction Chemicals to see dynamic growth; Mobility to hold firm and a contrasting situation on industrial markets in terms of demand
Despite a context which remains difficult in certain markets, in 2024 Saint-Gobain expects a double-digit operating margin for the fourth consecutive year
8
Q1-2024 SALES
Varso Place - Warsaw, Poland
Amaryllis residence - Delhi, India
12 Saint-Gobain solutions
8 Saint-Gobain solutions
Expected
Long Thanh Airport - Vietnam
Midtown Union - Atlanta, USA
10
8 Saint-Gobain solutions
7 Saint-Gobain solutions
Expected
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Compagnie de Saint Gobain SA published this content on
25 April 2024 and is solely responsible for the information contained therein. Distributed by
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25 April 2024 16:22:18 UTC.
Compagnie de Saint-Gobain is one of the world leaders in the production and distribution of construction materials for the construction, mobility, healthcare and industrial sectors. The activity is organized around 4 areas:
- manufacturing of high-performance materials: ceramic products (No. 1 worldwide in thermal and mechanical applications for ceramics) and plastics (No. 1 worldwide), abrasive products (No. 1 worldwide) and reinforcing materials (No. 1 worldwide in wire of glass);
- distribution of materials: primarily under the names Point.P in France, Dahl in Scandinavia and Telhanorte in Brazil;
- manufacturing of construction products: exterior products (PVC and façade products, asphalted shingles, etc.), insulation (glass wools, insulating foams, metal ceilings, etc.) and ductwork, industrial mortars, and gypsum materials;
- manufacturing of glass: plate glass, automobile windows, specialty glass (fire and nuclear protection glasses, etc.). The group also transforms and distributes building glass.