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.

Quarry Products Auctions, Used Equipment, Rental & Finance

For more information on companies in this article

Related Content

February 21, 2013

Saint-Gobain's sales up, net income down in 2012

Saint-Gobain posted sales up 2.6% to €43.20 billion in 2012. On a like-for-like basis, the 2.3% organic growth in North America was offset by the 2.5% drop in sales in France and by the 4.3% drop in Western Europe, while sales in Asia and in emerging countries fell 0.1% compared to 2011. By business sector, innovative materials saw a 4.4% drop in sales on a like-for-like basis. Construction products fell 1.7%, and building distribution saw a 2% drop in like-for-like sales. In 2012 the French group's net inc

boombox1

Highlighted Content

boombox2