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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)

Saint-Gobain Launches Bond Issue of 1 Billion Euros
Wednesday, 12 Sep 2018 12:49pm EDT 

Sept 12 (Reuters) - COMPAGNIE DE SAINT GOBAIN SA ::SUCCESSFULLY LAUNCHES BOND ISSUE OF EUR 1 BILLION.SUCCESSFULLY LAUNCHES BOND ISSUE IN TWO TRANCHES.1ST TRANCHE: BOND ISSUE OF 500 MILLION EUROS FOR 5 YEARS WITH A COUPON OF 0.875%.2ND TRANCHE: BOND ISSUE OF 500 MILLION EUROS FOR 10 YEARS WITH A COUPON OF 1.875%.FINAL ORDER BOOK, ALMOST EVENLY DISTRIBUTED BETWEEN THE TWO TRANCHES, REACHED NEARLY 7 BILLION EUROS.  Full Article

French group St Gobain sells UK glazing installation business
Tuesday, 31 Jul 2018 11:49am EDT 

July 31 (Reuters) - St Gobain ::DIVESTS ITS GLAZING INSTALLATION BUSINESS IN THE UNITED KINGDOM.SALE EFFECTIVE AUGUST 1 ST 2018,.THIS BUSINESS HAS DELIVERED AN ANNUAL TURNOVER AROUND £70M, AND EMPLOYS AROUND 440 PEOPLE.  Full Article

Sika chairman acknowledges company might become takeover target
Friday, 11 May 2018 04:04am EDT 

May 11 (Reuters) - Sika Ag ::CHAIRMAN PAUL HAELG SAYS DEAL WITH SAINT-GOBAIN WILL HELP ACCELERATE SIKA GROWTH STRATEGY.CHAIRMAN PAUL HAELG SAYS IT WAS WORTHWHILE FIGHTING SAINT-GOBAIN'S TAKEOVER ATTEMPT OVER THE PAST 3.5 YEARS.CEO PAUL SCHULER SAYS CONFIRMS STRATEGY 2020, PLANS TO COME OUT WITH NEW TARGETS EARLIER THAN PLANNED IN 2019.CEO PAUL SCHULER SAYS NEW STRUCTURE PROVIDES OPPORTUNITY TO FIND NEW ACQUISITIONS, INCREASE TEMPO OF ACQUISITIONS.CEO PAUL SCHULER SAYS CONFIRMS OUTLOOK, CONFIDENT CAN DELIVER.CHAIRMAN PAUL HAELG SAYS FAMILY, ALL CONFLICTED BOARD MEMBERS STEPPED DOWN ON FRIDAY, SAINT GOBAIN WILL NOT HAVE A BOARD SEAT BECAUSE THEY ARE A COMPETITOR.CHIEF EXECUTIVE PAUL SCHULER SAYS WANTS TO GO FOR BIGGER ACQUISITIONS IN THE FUTURE UP TO 500 MILLION SFR, IF IT'S IN THE RIGHT STRATEGY SIKA COULD GO HIGHER.CHAIRMAN SAYS SIKA MIGHT BECOME TAKEOVER TARGET WITH NEW SHARE STRUCTURE, SAYS 'CANNOT SAY'.  Full Article

‍Merrimack Village District And Saint-Gobain Performance Plastics Reach Settlement Agreement​
Tuesday, 27 Mar 2018 05:56pm EDT 

Compagnie De Saint Gobain Sa ::‍MERRIMACK VILLAGE DISTRICT AND SAINT-GOBAIN PERFORMANCE PLASTICS REACH SETTLEMENT AGREEMENT​.SAINT-GOBAIN PERFORMANCE PLASTICS - ‍UNDER TERMS OF AGREEMENT, SGPPL AGREES TO PAY OVER NEXT 5 YRS FOR FUTURE OPERATION & MAINTENANCE OF SYSTEM​.SAINT-GOBAIN PERFORMANCE PLASTICS - UNDER AGREEMENT, CO TO PAY TO REIMBURSE MVD FOR COSTS IT REPORTED IN RELATION TO DETECTION OF PFOA IN WELLS​.SAINT-GOBAIN ‍PERFORMANCE PLASTICS - UNDER AGREEMENT, CO AGREES TO PAY FOR DESIGN, CONSTRUCTION & INSTALLATION OF SYSTEM​.  Full Article

Saint-Gobain Issues 750 Million Euro Bond
Tuesday, 13 Mar 2018 01:18pm EDT 

March 13 (Reuters) - SAINT-GOBAIN ::SUCCESSFUL BOND OFFERING FOR EUR 750 MILLION, 8 YEAR MATURITY, 1.125% COUPON.  Full Article

Saint-Gobain Acquires HyComp
Thursday, 1 Mar 2018 11:53am EST 

March 1 (Reuters) - SAINT-GOBAIN ::ACQUIRED HYCOMP, A SUPPLIER OF COMPOSITE COMPONENTS MADE WITH CARBON FIBERS AND THERMOPLASTIC MATERIALS.  Full Article

South Africa body charges St Gobain and others with cartel conduct
Wednesday, 28 Feb 2018 09:00am EST 

Feb 28 (Reuters) - St Gobain ::* South Africa Competition Commission uncovered that Saint Gobain Construction Products Ltd and D&D Roof Insulations CC were involved in cartel conduct, it says in statement.* Officials at St Gobain have no immediate comment to make.* St Gobain shares up 0.4 pct in late session trading.  Full Article

Sika AG FY 2017 sales reaching CHF 6,248.3 mln
Thursday, 22 Feb 2018 11:00pm EST 

Feb 22 (Reuters) - Sika AG ::SIKA ACHIEVES RECORD RESULTS IN 2017.FY 2017 SALES REACHING CHF 6,248.3 MILLION​.FY 2017 NET PROFIT GREW TO CHF 649.0 MILLION.FY ‍EBIT INCREASED TO CHF 896.3 MILLION, UP 12.7%​.FOR ANNUAL GENERAL MEETING OF APRIL 17, BOARD PROPOSING 15.6% INCREASE IN GROSS DIVIDEND TO CHF 111 PER BEARER SHARE, CHF 18.50 PER REGISTERED SHARE.‍FOR 2018 BUSINESS YEAR SIKA IS ANTICIPATING AN INCREASE IN SALES OF MORE THAN 10%​.‍SALES IN EMEA REGION (EUROPE, MIDDLE EAST, AFRICA) INCREASED BY 7.5% IN LOCAL CURRENCIES IN 2017 (PREVIOUS YEAR: 4.6%)​.UNKNOWN OUTCOME OF SAINT-GOBAIN'S HOSTILE TAKEOVER ATTEMPT REMAINS AN ELEMENT OF UNCERTAINTY FOR THE FUTURE.‍ IN 2017 AT 18.4%, NORTH AMERICA REGION POSTED STRONGEST GROWTH (PREVIOUS YEAR: 7.8%), OF WHICH 8.5% WAS THROUGH ACQUISITIONS​.  Full Article

Saint-Gobain CEO Says Views With Burkard Family On Proposed Sika Takeover "Totallly Aligned"
Thursday, 22 Feb 2018 12:48pm EST 

Feb 22 (Reuters) - Saint-Gobain ::Saint-Gobain Chief Financial Officer Guillaume Texier says the company will make raising prices in 2018 a priority.Saint-Gobain Chief Exectutive Pierre-Andre de Chalendar says views with Burkard family on proposed Sika <<>> takeover "totallly aligned".  Full Article

Saint-Gobain Says Extends Maturity And Reduces Cost Of 4 Bln Eur Undrawn Bank Facilities‍​
Wednesday, 20 Dec 2017 11:07am EST 

Dec 20 (Reuters) - Saint-Gobain ::SAYS EXTENDS THE MATURITY AND REDUCES THE COST OF ITS EURO 4 BILLION UNDRAWN BANK FACILITIES‍​.  Full Article

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Sika nine-month profit beats, says on track to meet FY target

Sika AG's nine-month profit beat expectations boosted by a 30 percent jump in its Global Business segment and the Swiss construction chemicals maker on Thursday confirmed its target of increasing sales by more than 10 percent this year.