TIDMCOD

RNS Number : 6583N

Compagnie de Saint-Gobain

06 June 2022

 
 
 

RECORD OPERATING INCO M E

EXPECTED IN FIRST-HALF 2022

Trends since the start of 2022 confirm the good momentum of the Group's markets, especially renovation in Europe and construction in the Americas and in Asia (excluding China), driven by prices thanks to the added value brought by its solutions in the context of a high volume comparison basis last year.

This performance reflects the Group's strategic positioning as the worldwide leader in light and sustainable construction, deploying country-by-country its unique range of innovative solutions offering sustainability and performance to maximize the positive impact for its customers, as part of its "Grow & Impact" plan.

In this context, Saint-Gobain confirms that it is targeting a further increase in operating income in 2022 compared to 2021 at constant exchange rates. In first-half 2022, the Group expects the operating income to exceed the record level of first-half 2021 and to achieve a double-digit operating margin.

First-half 2022 results will be published on Wednesday July 27, 2022.

ABOUT SAINT-GOBAIN

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures

and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization

of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose,

"MAKING THE WORLD A BETTER HOME".

EUR44.2 billion in sales in 2021

166,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain,

visit www.saint-gobain.com and follow us on Twitter @saintgobain

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June 06, 2022 02:00 ET (06:00 GMT)

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