- Saint-Gobain is maintaining its full-year operating margin forecast, exceeding 11% and estimating 11.5%.
- The company reported a first-half operating income of €2.80 billion, a 1.9% increase year-over-year, slightly below the estimate of €2.84 billion.
- EBITDA for the first half reached €3.82 billion, up 4.5% from the previous year, surpassing the estimate of €3.77 billion.
- Net income for the first half was €1.63 billion, showing a 1.9% decline year-over-year.
- Free cash flow in the first half was €2.19 billion, a decrease of 11% compared to the previous year.
- Second quarter like-for-like sales dropped by 0.7%, contrary to the estimated 0.23% increase.
- Northern Europe saw a like-for-like sales decrease of 1.1%, missing the 1.64% growth estimate.
- Southern Europe, Middle East, and Africa experienced a 3.2% decline in like-for-like sales, underperforming the anticipated -2.13%.
- Americas’ like-for-like sales slightly decreased by 0.1%, falling short of the expected 2.95% increase.
- Asia-Pacific region outperformed with a 3.9% increase in like-for-like sales, compared to an estimate of 2.64% growth.
- High Performance Solutions recorded a 1.5% increase in like-for-like sales, above the estimate of 0.01%.
- Overall sales were €12.14 billion in the second quarter, a minor 0.2% increase year-over-year, but below the expected €12.36 billion.
- Revenue for Northern Europe was €3.03 billion, a 0.2% year-over-year increase, though slightly under the €3.09 billion estimate.
- Southern Europe, Middle East, and Africa revenues were €3.55 billion, a 4% decrease, closely matching the €3.6 billion projection.
- Americas sales dropped to €2.50 billion, representing a 4.6% decline versus the forecasted €2.64 billion.
- Sales in the Asia-Pacific region soared by 43% year-over-year to €758 million, slightly under the expected €770.7 million.
- High Performance Solutions generated €2.59 billion in sales, a 1.6% year-over-year increase, near the €2.58 billion forecast.
- Investment analysts’ recommendations include 13 buys, 5 holds, and 3 sells for Saint-Gobain.
A look at Cie De Saint-Gobain Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Compagnie de Saint-Gobain, a company that manufactures glass products, high-performance materials, and construction materials, is projected to have a stable long-term outlook based on the Smartkarma Smart Scores. With a balanced score of 3 across Value, Dividend, Growth, and Resilience, the company is expected to maintain its position in the market. Additionally, the Momentum score of 4 suggests positive upward movement for the company, indicating strong market interest and potential growth opportunities.
Overall, Saint-Gobain’s Smart Scores reflect a company that is perceived as fundamentally sound with consistent performance across key factors. Investors may find this promising as the company shows potential for sustainable growth in the long term, supported by its diversified product portfolio and established presence in the manufacturing and construction materials industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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