Saint Gobain: Q1 sales up 6.4% at E10,378m
(CercleFinance.com) - The group's Q1 sales came in at 10,378 million euros, up 6.
4%, with a currency effect of +0.6%.
Like-for-like sales were up +5.7%. The group said that this was driven by both prices and volumes, on a comparison base that suffered in the first quarter of 2018 from severe weather conditions in Europe.
High Performance Solutions (HSP) sales increased by 2.4%, thanks to satisfactory industrial markets, despite the weakness of the automotive market.
The Group has confirmed its outlook for the full-year 2019. In line with its target in February, management said that in 2019 Saint Gobain aims for further growth in operating income at a comparable consolidation scope and exchange rates.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
4%, with a currency effect of +0.6%.
Like-for-like sales were up +5.7%. The group said that this was driven by both prices and volumes, on a comparison base that suffered in the first quarter of 2018 from severe weather conditions in Europe.
High Performance Solutions (HSP) sales increased by 2.4%, thanks to satisfactory industrial markets, despite the weakness of the automotive market.
The Group has confirmed its outlook for the full-year 2019. In line with its target in February, management said that in 2019 Saint Gobain aims for further growth in operating income at a comparable consolidation scope and exchange rates.
Copyright (c) 2019 CercleFinance.com. All rights reserved.