03 maj: Norwegian sætter fly ind i Karup
06 maj: OPTAKT Jyske Bank Q1 7/5: Udsigt til øgede indtægter
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

Mærsk Q1: Tilbagegang mindre end frygtet

04-05-2016 08:19:18
Tilbagegangen i A.P. Møller-Mærsk var i årets første kvartal mindre, end analytikerne havde spået.Årets indledende tre måneder bød på en tilbagegang i omsætning..

NNIT bygger nyt datacenter efter ordre fra Danske Bank

03-05-2016 16:00:20
NNIT har indgået en tiårige aftale med Danske Bank og bygger et nyt datacenter i Ejby.Det fortæller it-selskabet, der er en del af Novo Nordisk-familien, i en f..

Vind: GE-chef udtrykker interesse for Adwen

03-05-2016 14:12:55
General Electric har en ambition om at komme i top tre på markedet for havvindmøller og er interesseret i at købe havmølleproducenten Adwen, som er et joint ven..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/middag: Hele C20 i rødt før regnskabsstorm
2
Aktier/tendens: Mærsk vejer tungt på vild regnskabsdag
3
NNIT bygger nyt datacenter efter ordre fra Danske Bank
4
Bookmaker: Størst sandsynlighed for Bang & Olufsen-salg i 2017
5
Tirsdagens aktier: Coloplast undgik skuffelse på ellers rød dag

Relaterede aktiekurser

Saint Gobain 38,42 -2,7% Fald i aktiekurs
Compagnie DE Saint-Gobai.. 38,55 -2,5% Fald i aktiekurs
Saint Gobain I 41,90 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
4. maj 2016 11:47:12
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20160502.2 - EUROWEB7 - 2016-05-04 11:47:12 - 2016-05-04 11:47:12 - 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