PARIS Feb 19 Building materials supplier
Saint-Gobain said it expected a rebound in operating
profit in 2014 after net income fell by 14.1 percent last year,
hit by an uneven economic recovery in Europe and the United
Europe's biggest sector player is planning to make
additional cost savings in 2014-2015 and is eyeing 4 billion
euros of acquisitions through 2018 as part of a strategy to
focus on high-growth, high-margin products.
"For 2014...we expect a clear improvement in operating
profit on a like-for-like basis," Saint Gobain Chief Executive
Pierre-Andre de Chalendar said in a statement.
(Reporting by Lionel Laurent; Editing by Andrew Callus)