Earnings Alerts

Strong Q1 Results: Cie De Saint-Gobain (SGO) Earnings Surpass Expectations with Impressive Sales Performance

  • Saint-Gobain’s like-for-like sales saw a minimal decline of 0.3%, beating the estimated decrease of 1.83%.
  • Northern Europe outperformed expectations with like-for-like sales up by 2%, compared to an estimate of -1.42%.
  • Southern Europe, Middle East, and Africa had a decline in like-for-like sales by 4.9%, slightly below the estimate of -4.44%.
  • The Americas recorded a 3% increase in like-for-like sales, falling short of the 4.45% estimate.
  • Asia-Pacific exceeded expectations with like-for-like sales growth of 3.9%, versus an estimate of 1.5%.
  • High Performance Solutions reported flat like-for-like sales growth.
  • Total sales reached EUR 11.72 billion, a 3.2% year-over-year increase, surpassing the estimate of EUR 11.68 billion.
  • Revenue in Northern Europe was EUR 2.84 billion, up 2% year-over-year, against an estimate of EUR 2.77 billion.
  • Southern Europe, Middle East, and Africa saw revenue of EUR 3.44 billion, a 5% year-over-year decline against an estimate of EUR 3.54 billion.
  • Americas sales were EUR 2.52 billion, marking a 7.4% year-over-year growth, which exceeded the estimate of EUR 2.42 billion.
  • Asia-Pacific sales surged by 51% year-over-year to EUR 762 million, outperforming the estimate of EUR 711.9 million.
  • High Performance Solutions achieved sales of EUR 2.47 billion, a 1.9% year-over-year increase, just below the estimate of EUR 2.49 billion.
  • The company maintains its forecast for an operating margin above 11%, with an estimate of 11.6%.
  • Saint-Gobain reaffirms its outlook, highlighting its resilience to customs tariffs due to its localized business model.
  • Analyst ratings include 15 buys, 4 holds, and 2 sells.

A look at Cie De Saint-Gobain Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.2

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 known for manufacturing glass products, high-performance materials, and construction materials, has received an overall positive outlook according to Smartkarma Smart Scores. With a solid score of 4 for Momentum and consistent scores of 3 across Value, Dividend, Growth, and Resilience, Cie De Saint-Gobain seems to be in a favorable position for the long term.

Considering its diversified product range and retail presence in building materials, Saint-Gobain’s balanced scores indicate stability and potential for growth. While the company may not excel in one specific area, its across-the-board decent performance signifies a well-rounded approach to managing different aspects of its business for sustained success in the future.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars