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Compagnie de Saint Gobain SA (SGOB.PA)

SGOB.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

St Gobain buys Romanian firm Pietta Glass
Tuesday, 6 Dec 2016 01:39am EST 

St Gobain : Acquired Romanian company Pietta Glass Working .Says Pietta Glass sales should reach 20 million euros ($21.50 million) in 2016, with a strong potential for growth over the next few years.  Full Article

Saint-Gobain launches 1 bln euro bond offering
Wednesday, 14 Sep 2016 12:31pm EDT 

Saint-Gobain : Launches a bond offering for 1 billion euros ($1.13 billion), 3.5 year maturity, 0 percent coupon . Orderbook totalled around 2.6 billion euros from about 150 investors .Crédit Agricole CIB, J.P. Morgan and Société Générale CIB, as well as Banca IMI and CM–CIC acted as lead managers for this bond issue..  Full Article

Saint-Gobain H1 operating income rises 7.3%
Thursday, 28 Jul 2016 12:57pm EDT 

Saint-gobain : H1 sales EUR 19.55 billion ($21.65 billion), -1.6% . H1 operating income up 7.3% on a reported basis and up 10.2% like-for-like . Says BREXIT vote in the UK has created a climate of uncertainty but does not affect its objectives .Objectives for full-year 2016 confirmed; like-for-like improvement in operating income expected in the second half versus second-half 2015.  Full Article

Saint Gobain confirms objectives for full year 2016
Thursday, 28 Jul 2016 11:55am EDT 

Saint gobain says confirms objectives for full year 2016 : Saint gobain says h1 organic sales grew 2.9 percent . Saint gobain says h1 ebitda 1.957 billion euros, up 3.8% .Saint gobain says " while the june 23 brexit vote in the uk has created a climate of uncertainty, it does not affect our objectives.” Saint Gobain Says Expects A Like-For-Like improvement in operating income in the second half versus second-half 2015..  Full Article

Saint-Gobain's mortars division makes acquisitions
Monday, 11 Jul 2016 12:07pm EDT 

Saint-Gobain : Weber has strengthened its presence in Slovenia through the acquisition of the activities of Demit, a company specializing in ETICS mortars based in Lasko . Weber has acquired the activities of Italcol, a mortars manufacturer based in Tirana .Weber Quarzolit, Saint-Gobain's mortars division in Brazil, has strengthened its presence in the country thanks to the acquisition of Jaspe Argamassas Ltda.  Full Article

Cegedim SRH partners with Saint-Gobain on a pilot program for easy-to-read pay stubs
Monday, 4 Jul 2016 07:41am EDT 

Cegedim SA : Cegedim SRH partners with Saint-Gobain on a pilot program for easy-to-read pay stubs .Project covers 3,000 employees ahead of the mandatory launch in 2017.  Full Article

Saint-Gobain Performance Plastics says has acquired the assets of Mipnet Industries
Monday, 30 May 2016 11:57am EDT 

:Saint-Gobain Performance Plastics says has acquired the assets of Mipnet Industries.  Full Article

Wendel sells 5.3 pct stake in Compagnie de Saint-Gobain, issues 500 million euro bond
Wednesday, 4 May 2016 02:00am EDT 

Wendel SA:Announces the completion of the sale of 5.3 pct stake in Compagnie de Saint-Gobain and the successful issue of an exchangeable bond of about 500 million euros.Simultaneous issue of a ca. 500 million euro zero coupon bond exchangeable into saint-gobain shares at a 35 pct premium above sale price.Completed sale of 30 million Saint-Gobain shares, amounting to approximately 1.2 billion euros.Bond maturity is 3.2 years and exchange premium is 35 pct above placement's sale price, which corresponds to an exchange price of 51.98 euros per Saint-Gobain share.Bonds will be issued at par on May 12, 2016 and redeemed at par on July 31, 2019.Issue, more than twice oversubscribed, was very well received by investors.Bonds were placed with an international investor base, mainly French.  Full Article

Compagnie de Saint Gobain acquires insulation products manufacturer Buitex
Monday, 2 May 2016 12:15pm EDT 

Compagnie de Saint Gobain SA:Says has acquired Buitex, a company specializing in the manufacture of wood fiber insulation products.Says this acquisition is consistent with the group's strategy of developing on fast-growing niche markets with innovative habitat solutions.  Full Article

Compagnie de saint-Gobain, Corning Inc announce JV deal
Tuesday, 19 Jan 2016 02:47am EST 

Compagnie de Saint Gobain SA:Saint Gobain and Corning Incorporated​ announce creation of new Joint Venture.JV is to produce lightweight glazing for the automotive market.  Full Article

Sika founders appeal against ruling in voting rights case

ZURICH, Nov 29 The founding family of Swiss speciality chemicals group Sika has filed an appeal against a court ruling last month that upheld the tactics of Sika management to halt the planned sale of the clan's stake to Saint-Gobain.