R E C E N T RESULTS AND OUTLOOK

A p r i l 2 0 2 4

2

Q1-2024 Sales

FIRST-QUARTER 2024 SALES

2024/2023

-5.8%

like-for-like

-0.5%

-2.2%

-1.1%

-8.5%

-4.7%

12,406

11,356

(€m)

(€m)

Q1-2023

Exchange

Structure

Prices

Volumes

Q1-2024

sales

rates

sales

3

Q1-2024 SALES

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 Public, unedited and unaltered, on 25 April 2024 16:22:18 UTC.