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Compagnie de Saint-Gobain (COD)

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03-Jun-2021 08:45 AM

Saint-Gobain lifts outlook on performance as sales momentum continues

Materials company Saint-Gobain upgraded its outlook on performance as sales momentum continued into May April and May. 'The operating income in first-half 2021 should clearly exceed the record level of second-half 2020, the company said. 'The o
12-Jan-2018 09:47 AM

Saint-Gobain and Alghanim extend partnership

Saint-Gobain and the Kuwait-based company Alghanim Industries - which are already partners in insulation manufacturing joint ventures in Turkey (Izocam) and Saudi Arabia (SIIMCO) - have decided to extend their partnership to Kuwait. They have now become
21-Dec-2017 08:26 AM

Saint-Gobain extends maturity of €4bn RC facilities

Compagnie de Saint-Gobain has signed with a group of banks an undrawn revolving credit facility for €1.5bn, maturing in December 2022 with two options for an additional one-year extension each. This replaces a facility of an equivalent amount whic
19-Dec-2017 08:01 AM

Saint-Gobain to acquire Per Strand

Compagnie de Saint-Gobain has entered into an agreement with the owners of the group Per Strand AS to acquire 100% of the shares in the company. Saint-Gobain said that Per Strand was the leading distribution generalist in northern Norway with 12 branc
04-Dec-2017 09:19 AM

Saint-Gobain acquires Wattex

Compagnie de Saint-Gobain has finalised the acquisition of 100% of the equity capital of Wattex, a business owned by the founding family Baert and manufacturing non-woven speciality products for the bitumen roof market. Wattex - founded in 1953 and loc
27-Nov-2017 08:25 AM

Saint-Gobain acquires Isoroc Poland

Compagnie de Saint-Gobain has acquired 90% of the shares of Isoroc Poland and its corresponding brand Isoroc in Europe. Saint-Gobain has owned the Isoroc business and brand in Russia since 2016. Isoroc Poland operates a stonewool plant with a capacity
03-Nov-2017 08:01 AM

Saint-Gobain acquires Scotframe

Compagnie de Saint-Gobain has completed the acquisition of Scotframe in the UK. Saint-Gobain said the acquisition complemented the building distribution portfolio in the country, accelerating the involvement in the off site manufacturing and closed pane
16-Oct-2017 07:55 AM

Saint-Gobain completes acquisition of Glava

Saint-Gobain has finalised the acquisition of Glava, a major player in the Norwegian insulation market. Saint-Gobain announced on 14 Jun that it had entered into exclusive talks with the founding families and shareholders of Glava to buy their shares.
11-Oct-2017 08:05 AM

Saint-Gobain acquires Megaflex

Saint-Gobain has reinforced its presence in the mortars in Argentina with the acquisition of Megaflex. Megaflex is the leader in waterproofing applications in Argentina, mainly acting in bitumen felts and paints, with total sales of ARS568m in 2016. S
28-Jul-2017 08:20 AM

Saint-Gobain income up despite cyber-attack

Compagnie de Saint-Gobain's operating income rose to €1,368m in the first half - up 7.1% on a reported basis and 6.6% like-for-like - despite the negative impact of a cyber-attack in June, estimated at €65m. The group saw organic growth o
25-Jul-2017 07:53 AM

Saint-Gobain to acquire TekBond

Saint-Gobain has agreed to acquire 100% of the equity capital of TekBond, the number two adhesives business in Brazil operating in the construction sector and on the automotive aftermarket. TekBond supplies a broad range of adhesives, sealants, sprays an
24-Jul-2017 07:26 AM

Saint-Gobain acquires Kirson

Compagnie de Saint-Gobain has signed a share purchase agreement to acquire 100% of the equity capital of Kirson. Founded in 1963, and located in Bavaria, Germany, Kirson makes reinforcement scrim and combination products of scrim and nonwoven fabrics.
13-Jul-2017 07:46 AM

Saint-Gobain back to normal after cyber attack

Compagnie de Saint-Gobain has announced that the last operations which were still experiencing difficulties following the 27 June cyber-attack had returned to normal at the start of this week. Saint-Gobain said its teams had made all efforts to minimise
04-Jul-2017 07:50 AM

Saint-Gobain returning to normal after cyber attack

Compagnie de Saint-Gobain expects a full return to normal operations expected by early next week following the cyber attack on several companies on 27 June. The group said that IT systems were disconnected to stop the spread of the virus and back-up wor
27-Jun-2017 07:58 AM

Saint-Gobain to increase flat glass capacity in Mexico

Compagnie de Saint-Gobain is building a new flat glass (float) production line in Saltillo in Mexico. Saint-Gobain said the plant - scheduled to come on stream at the beginning of 2020 - would manufacture glass for the automotive and construction sector
15-Jun-2017 08:39 AM

Saint-Gobain to acquire Glava

Compagnie de Saint-Gobain has entered into exclusive talks with the founding families and shareholders of Glava A/S to buy their shares, with the support of the company's management. Saint-Gobain already owned 17.08% of Glava, which has manufactur
09-Jun-2017 08:46 AM

Saint-Gobain resolutions passed at AGM

Compagnie de Saint-Gobain has confirmed that all resolutions proposed a yesterday's annual general meeting were passed. At 8:46am: (LON:COD) Compagnie De StGobain share price was +0.33p at 49.56p Story provided by
27-Apr-2017 07:51 AM

Saint-Gobain like-for-like sales rise

Compagnie de Saint-Gobain's like-for-like sales rose by 7.6% in the first quarter, driven by an improvement in volumes (up 6.0%) in all business sectors and regions and supported by a favourable calendar impact of around 3%. The group said prices c
06-Apr-2017 09:28 AM

Saint-Gobain and Burkard family extend agreement

Compagnie de Saint-Gobain has extended the validity of its agreement with the Burkard family relating to the sale of shares of Schenker-Winkler Holding (SWH) - which holds the majority of Sika voting rights. Saint-Gobain said it had exercised its option
07-Mar-2017 08:32 AM

Saint-Gobain launches €750m bond

Compagnie de Saint-Gobain has set the terms of an eight year bond issue for an amount of €750m with an annual coupon of 1%. Saint-Gobain said it took advantage of the favourable conditions on the credit market to lengthen the average maturi
03-Mar-2017 07:22 AM

Saint-Gobain acquires Tumelero

Compagnie de Saint-Gobain is boosting its presence in Brazil with the acquisition of Tumelero Materiais de Construcao's distribution network in Rio Grande do Sulm, the country's southernmost state. Tumelero - which was created in 1967 in Port
07-Dec-2016 08:30 AM

Fitch affirms Saint-Gobain at 'BBB'

Fitch Ratings has affirmed building materials group Compagnie de Saint-Gobain's long-term issuer default rating and senior unsecured rating at 'BBB' and removed both ratings from rating watch negative. The outlook on the long-term IDR is st
06-Dec-2016 09:01 AM

Saint-Gobain acquires Pietta Glass

Compagnie de Saint-Gobain has acquired the entire share capital of Romanian company Pietta Glass Working, active in glass processing and insulating glazing systems for facade markets and certain industrial applications. Pietta Glass sales should reach &
07-Nov-2016 07:24 AM

Saint-Gobain to acquire E-Mix

Compagnie de Saint-Gobain has signed an agreement with NSL to acquire E-Mix, a leader in mortars and dry mixes in south-east Asia. E-Mix provides solutions in tile adhesives, plastering mortars, masonry products and technical mortars in Hong Kong, south-
02-Nov-2016 07:24 AM

Saint-Gobain acquires h-old

Compagnie de Saint-Gobain has acquired 100% of the share capital of the Italian company h-old from private equity fund Arcadia Small Cap. Founded in 1982, h-old designs, manufactures and distributes - mostly in Europe - specialty adhesive tapes for vari

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