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Compagnie de Saint Gobain SA (SGOB.PA)

SGOB.PA on Paris Stock Exchange

37.90EUR
29 Jul 2016
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Latest Key Developments (Source: Significant Developments)

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

Compagnie de Saint Gobain to increase its flat glass production capacity in India‍​
Wednesday, 13 Jan 2016 01:06am EST 

Compagnie de Saint Gobain SA:To increase its flat glass production capacity in India‍​.To invest around 135 million euros ($146.18 million) over the next two years to develop production capacity at its glass facility near Chennai.Third flat glass production facility (the company's fifth float in India) and second coater for construction market will be built on this site.  Full Article

Compagnie de Saint Gobain acquires SG Plasticos‍​ in Brazil
Monday, 4 Jan 2016 11:40am EST 

Compagnie de Saint Gobain SA:Has acquired Brazilian company SG Plasticos in the state of Sao Paulo.  Full Article

RPT-Saint-Gobain says Brexit may have silver construction lining

PARIS, July 29 Britain's decision to quit the European Union has caused uncertainty but is unlikely to have a significant impact on business and may be a boost for the construction industry, French building supplies group Saint-Gobain said.