construction, glass and refractory materials group
Saint-Gobain SA posted a 6% growth in sales volumes in the
first quarter of the year, with positive pricing effect and
currency impact supporting an 8% revenue increase.
revenue for the quarter stood at €9.94bn ($10.83bn*)
against €9.14bn at this time last year.
company recorded growth across all of its sectors and
divisions, and in all geographical areas where it has a
presence, also due to a positive calendar impact for number
of working days in the quarter.
above 5% took place in the three main divisions –
innovative materials, construction products and building
in innovative materials rose 6%, boosted by higher sales in
both segments, flat glass (+9%) and high performance
construction and automotive segments in emerging markets
drove the uptrend in flat glass. Brazil declined slightly in
construction but was up noticeably in automotive.
Construction improved in the European area also.
growth was the leading driver of the increase in high
performance materials. The ceramics segment was negatively
affected by a comparably strong performance in refractories
of Q1 2016.
products sales grew 9% in the quarter. The greater amount of
working days during the quarter supported sales in interior
solutions, which added to higher demand in western Europe and
Asia. The exterior solutions business posted a 12% increase
in the period, on the back of higher demand from distributors
seeking to stockpile material.
in building distribution were up 8%, on the back of dynamism
in a number of European countries, namely Norway, Sweden, the
UK, Spain and the Netherlands.
company confirmed its outlook for the rest of 2017, expecting
a gradual improvement in construction in France and western
Europe, with notable growth also in North America and
emerging economies in Asia.
de Chalendar, chairman and CEO at Saint-Gobain, said: "We
confirm our target of a further like-for-like increase in
operating income for the full year 2017."
made May 2017