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Compagnie de Saint Gobain SA (SGOB.PA)

SGOB.PA on Paris Stock Exchange

50.02EUR
29 May 2017
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Latest Key Developments (Source: Significant Developments)

St Gobain to buy German adhesive tapes manufacturer Biolink
Monday, 22 May 2017 02:33am EDT 

May 22 (Reuters) - Saint Gobain ::* Saint-Gobain has signed a share purchase agreement to acquire 100 percent of the equity capital of Biolink, a German manufacturer of specialty adhesive tapes .  Full Article

Saint-Gobain sees at least EUR 1.2 bln cost savings over 2017-2020
Wednesday, 17 May 2017 08:08am EDT 

May 17 (Reuters) - SAINT-GOBAIN :SEES AT LEAST EUR 1.2 BILLION COST SAVINGS OVER PERIOD 2017-2020.SEES ACQUISITIONS TOTALLING EUR 2 BILLION OVER PERIOD 2017-2020.PLANS TO SELL NON-STRATEGIC ACTIVITIES FOR TOTAL OF AT LEAST EUR 1 BILLION OVER PERIOD 2017-2020.IN MEDIUM TERM, OPERATING MARGIN FOR INNOVATIVE MATERIALS COULD BE 12-14 PERCENT; 11-13 PERCENT FOR CONSTRUCTION PRODUCTS; 4.5-5.5 PERCENT FOR BUILDING DISTRIBUTION.  Full Article

Saint-Gobain Q1 total sales rise to 9.9 billion euros
Wednesday, 26 Apr 2017 11:53am EDT 

April 26 (Reuters) - Saint-Gobain ::Q1 total sales EUR 9.9 billion ($10.77 billion) versus EUR 9.1 billion year ago .  Full Article

Saint-Gobain announces agreement's extension with the Burkard family
Thursday, 6 Apr 2017 02:29am EDT 

Saint-gobain : Extension of the validity of the agreement between Saint-Gobain and the Burkard family relating to the sale of the shares of Schenker-Winkler Holding . Saintgobain has exercised its option to extend the validity of the agreement until December 31, 2017 .Saint-Gobain will then have the right to extend the agreement up until December 31, 2018.  Full Article

Sika sees sales growth in middle of 6 to 8 pct range for 2017-CEO
Friday, 24 Feb 2017 04:29am EST 

Sika AG : Sika ceo says sees sales growth in middle of 6 to 8 percent range for 2017 . Sika ceo says raised dividend is sustainable .Sika ceo says company can easily buy targets up to $300-400 million.  Full Article

Sika CEO says Saint-Gobain takeover bid won't be successful
Friday, 24 Feb 2017 04:17am EST 

Sika Compagnie De Saint Gobain SA : Sika chief executive jenisch says nothing new to say on saint-gobain battle . Sika chief executive jenisch says company well under way this year, has a pipeline of deals .Sika ceo says saint-gobain takeover bid won't be successful after most recent court ruling.  Full Article

Construction group St Gobain posts higher 2016 profits, eyes further growth in 2017
Thursday, 23 Feb 2017 11:52am EST 

St Gobain : 2016 net attributable income up 1.2 pct to 1.31 bln euros . 2016 operating income up 6.9 pct to 2.82 bln euros . Dividend up to 1.26 euros/share vs 1.24 eur/share last yr . Targeting further like-for-like increase in operating income in 2017 . Expects both costs and prices to begin to rise again . Says economic environment should be positive overall, although uncertainties remain in some markets Further company coverage: [SGOB.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Saint-Gobain acquires France Pare-Brise
Tuesday, 25 Oct 2016 01:10pm EDT 

Saint-Gobain :Saint-Gobain acquires France Pare-Brise.  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

More From Around the Web

France's Saint-Gobain eyes 2 bln eur in bolt-on acquisitions by 2020

PARIS, May 17 French building supplies group Saint-Gobain is eyeing 2 billion euros ($2.23 billion) in bolt-on acquisitions over the next four years, a strategy which it sees as compatible with its planned takeover of Switzerland's Sika.