03 maj: 2nd UPDATE: Large US Retailers See Softness In April Sales
03 maj: WPP Buys Back 100,000 Shares
03-05-2012 18:59:00

Saint-Gobain Sales Revenue Up; Higher Prices Offset Falling Volumes

Relateret indhold

PARIS -(Dow Jones)- French construction materials maker Compagnie de Saint-Gobain SA (SGO.FR) said Thursday sales revenue in the first quarter of this year rose as higher prices offset falling volumes, and reiterated its cautious guidance for the full year in the face of adverse economic conditions.

"Amid an uncertain economic climate and despite a particularly tough basis for comparison, Saint-Gobain delivered further organic growth in the first quarter of 2012. We continued to raise our sales prices in order to broadly offset the rise in raw material and energy costs over the year," Pierre-Andre de Chalendar, the company's chief executive said in a statement.

Saint-Gobain said its total sales rose 3.7% in the first quarter to EUR10.16 billion compared with the same period a year ago. The company raised its sales prices by 2.4%, while sales volumes fell 1.5%.

Currency fluctuations, mainly the appreciation of the world's main currencies against the euro, boosted revenue as did recent acquisitions, the company said. Excluding the effects of currency changes and revenue from recently acquired companies, sales rose 0.9%, the company said.

Saint-Gobain's sales were higher than the EUR9.94 billion median expectation from four analysts polled by Dow Jones Newswires.

The company reiterated its cautious guidance for 2012 of a "moderate organic growth", adding operating income and profitability will "prove resilient".

Business was stronger in North America, where sales rose 17%, following an upbeat industrial market, especially the start of a recovery in residential construction in the U.S., while sales were weaker in western Europe.

The data was released after the market closed. Saint-Gobain's shares ended down 0.4% at EUR31.87, while the local CAC-40 blue-chip index finished 0.1% lower.

-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.landauro@dowjones.com

(END) Dow Jones Newswires

May 03, 2012 12:59 ET (16:59 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Novo færdig med at købe aktier for 15 milliarder

29-01-2015 13:22:39
Novo Nordisk afsluttede onsdag sit årelange aktietilbagekøb og har dermed brugt i alt 15 mia. kr. på at købe egne aktier tilbage fra markedet siden 30. januar 2..

Aktier/middag: Nordea nyder fortsat godt af regnskabssucces

29-01-2015 11:44:44
Støttet af positive kursmålsændringer lægger Nordea sig torsdag middag i spidsen af C20 Cap-indekset, der langsomt er krøbet mod nul-linjen efter en start på ha..

Vestas, Siemens og GE stod for 95 pct. af USA-markedet i 2014

29-01-2015 07:29:35
Der er tre totalt dominerende aktører på det amerikanske vindmøllemarked, og det er General Electric (GE), Siemens og Vestas.De tre vindmølleproducenter stod fo..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/tendens: Coloplast kommer med tal i rødt marked
2
Coloplast skuffer analytikerne og justerer forventninger
3
Novo færdig med at købe aktier for 15 milliarder
4
Siemens faldt igen til bunds efter analytikerklø
5
Vestas, Siemens og GE stod for 95 pct. af USA-markedet i 2014

Relaterede aktiekurser

Saint Gobain 38,05 0,1% Stigning i aktiekurs
Compagnie DE Saint-Gobai.. 38,08 0,5% Stigning i aktiekurs
Saint Gobain I 42,50 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.

Copyright Euroinvestor A/S 2015  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
29. januar 2015 17:20:17
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20150128.1 - EUROWEB1 - 2015-01-29 17:20:17 - 2015-01-29 17:20:17 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x