Saint-Gobain sees turnover up 4.8% in H1 2015

In the first half of 2015, turnover for the French building materials supplier Saint-Gobain was up 4.8% to €19.86 billion (US$21.80 billion). Net income group share was down 16.8% to €558 million following a tax increase on results. Operating income was up 7.8% to €1.3 billion. In the second quarter 2015, activity in France declined by 3.3% on an organic basis (-4.2% for the first half), and represents the only large zone which has not returned to growth. Overall, in Q2, sales in volume returned to

July 31, 2015 Read time: 1 min

In the first half of 2015, turnover for the French building materials supplier 6013 Saint-Gobain was up 4.8% to €19.86 billion (US$21.80 billion).

Net income group share was down 16.8% to €558 million following a tax increase on results. Operating income was up 7.8% to €1.3 billion.

In the second quarter 2015, activity in France declined by 3.3% on an organic basis (-4.2% for the first half), and represents the only large zone which has not returned to growth.

Overall, in Q2, sales in volume returned to growth, led by North America (+4.9%), notably for roofing activity, as well as by Asia, Germany, Western Europe (excluding France) and emerging countries (+5.8%).

In the second half, the group is expecting activity to progress in North America, Asia and emerging countries, despite the slow-down in Brazil.

Saint-Gobain is also expecting more favourable conditions in Europe.

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