Compagnie de Saint Gobain SA
SIX:GOB

Watchlist Manager
Compagnie de Saint Gobain SA Logo
Compagnie de Saint Gobain SA
SIX:GOB
Watchlist
Price: 63.04 CHF Market Closed
Market Cap: 31.5B CHF

Compagnie de Saint Gobain SA
Investor Relations

Compagnie de Saint Gobain SA, a global leader in the production and distribution of construction materials, has been shaping the built environment for over three centuries. Founded in 1665, the company originally specialized in glass production, but has since evolved into a diverse enterprise with a broad portfolio that includes insulation, gypsum, mortars, and more. With operations in over 70 countries and a workforce exceeding 170,000 employees, Saint Gobain provides innovative solutions that address the pressing needs of energy efficiency, sustainability, and the well-being of people living in buildings. This commitment to innovation is underpinned by substantial investments in research and development, making the company a pioneer in sustainable construction techniques and advanced materials.

For investors, Saint Gobain presents a compelling opportunity as it capitalizes on key global trends such as urbanization, demographic shifts, and the push for eco-friendly construction practices. The company's strategy focuses on integrating sustainability into its core offerings—developing products that not only meet regulatory requirements but also contribute to energy savings and environmental stewardship. This forward-thinking approach is evident in its ambitious targets to reduce its carbon footprint and enhance resource efficiency across operations. With resilient financial performance and a strong market position, Saint Gobain is well-positioned to navigate the complexities of the construction sector while delivering long-term value to its shareholders.

Show more
Loading
GOB
Swiss Market Index
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2021
Call Date
Oct 28, 2021
AI Summary
Q3 2021

Strong Sales Growth: Organic sales grew 13.3% versus 2019 and 9.4% versus 2020 in Q3, showing acceleration from earlier in the year.

Pricing Power: Price increases accelerated to 8.7% in Q3, with frequent hikes across all regions to offset significant inflation in energy and raw materials.

Inflation Offset: Management is confident in offsetting full-year inflation, even though H2 will have a negative price-cost spread. Full year operating income is expected to reach a record high.

Strategic Progress: The company closed divestments worth EUR 1.85 billion in sales and signed or closed acquisitions representing EUR 850 million in sales; integration of Chryso and acquisition of IMPAC noted as highlights.

Market Trends: Solid demand continues in renovation in Europe, construction in the Americas and Asia Pacific, with particularly strong growth in the Americas and Asia Pacific.

Guidance Confirmed: Full-year 2021 guidance is confirmed, with expectations of operating income at a new all-time high.

Margin Focus: Management emphasized maintaining double-digit margins and strong free cash flow, supported by robust pricing actions.

Hedging Policy: Energy costs are 60% hedged for 2022, up from the usual 50%, to manage commodity volatility.

Key Financials
Organic Sales Growth (Q3 vs 2019)
13.3%
Organic Sales Growth (Q3 vs 2020)
9.4%
Price Increase (Q3 vs 2020)
8.7%
Volume Growth (Q3 vs 2019)
3.6%
Volume Growth (Q3 vs June 2020)
0.7%
Working Day Impact (Q3)
-0.5%
Manufacturing Price Increase (Q3)
8.1%
Total Inflation Estimate (2021)
EUR 1.5 billion
Divestments Closed (2021 YTD)
EUR 1.85 billion sales
Acquisitions Signed/Closed (2021 YTD)
EUR 850 million sales
High Performance Solutions Like-for-like Sales (Q3 vs 2020)
7%
Mobility Sales (Q3 vs 2019)
-7%
Northern Europe Organic Sales Growth (Q3 vs 2020)
10.7%
Southern Europe Organic Sales Growth (Q3 vs 2020)
4.7%
Southern Europe Organic Sales Growth (Q3 vs 2019)
12.7%
Americas Organic Sales Growth (Q3 vs 2020)
14.9%
Americas Organic Sales Growth (Q3 vs 2019)
28.2%
North America Organic Sales Growth (Q3 vs 2020)
13.6%
North America Organic Sales Growth (Q3 vs 2019)
18.3%
Latin America Organic Sales Growth (Q3 vs 2020)
18%
Latin America Organic Sales Growth (Q3 vs 2019)
50%
Asia Pacific Like-for-like Sales Growth (Q3 vs 2020)
20%
4 mm Glass Price (end of September)
EUR 3.7
Distribution Price Increase (first 9 months)
5.4%
Distribution Price Increase (Q3)
9.8%
Americas Price Increase (Q3)
15%
Other Earnings Calls

Management

Mr. Sreedhar N.
Chief Financial Officer
No Bio Available
Mr. Benoit d'Iribarne
Senior Vice-President of Technology & Industrial Performance

Benoit d'Iribarne was a notable executive in the French multinational corporation Compagnie de Saint-Gobain, which specializes in the production, processing, and distribution of materials for construction and other sectors. With a strong background in finance and management, d'Iribarne has served in various key roles within the company, contributing significantly to its strategic direction and growth. His tenure at Saint-Gobain is marked by a dedication to innovation and sustainability, reflecting the company's long-standing commitment to developing solutions that improve habitat and daily life. Benoit d'Iribarne's leadership has been instrumental in navigating the company through various economic climates while maintaining its status as a leader in the industry.

Ms. Ursula Soritsch-Renier
Chief Digital & Information Officer

Ursula Soritsch-Renier served as the Group Chief Information Officer (CIO) at Compagnie de Saint-Gobain, a French multinational corporation that is a leader in the design, manufacture, and distribution of materials and solutions for the construction and industrial markets. Before her tenure at Saint-Gobain, she held prominent leadership roles in various industries. Soritsch-Renier had a diverse career spanning different sectors, which provided her with significant expertise in information technology and digital transformation. Prior to joining Saint-Gobain, she was the CIO at Sulzer, a Swiss industrial engineering and manufacturing firm. Her career also includes time at Novartis, a global healthcare company, where she took on various IT leadership roles, contributing to the company's digital initiatives. Her work at Saint-Gobain involved leading the digital strategy and transformation efforts. She focused on leveraging technology to improve operational efficiency, enhance customer interaction, and enable innovation within the company. Soritsch-Renier was recognized for her strategic vision in integrating digital solutions into business processes, ultimately driving growth and competitiveness for the organization. Through her varied experiences across industries, Ursula Soritsch-Renier developed a reputation as a dynamic leader capable of guiding complex digital transformation projects. Her leadership style and technical acumen have been integral to the strategic IT initiatives in the companies where she has served.

Mr. Antoine Vignial
Corporate Secretary & Group General Counsel

Antoine Vignial is a notable executive at Compagnie de Saint-Gobain SA, a multinational corporation that specializes in the production, distribution, and innovation of materials and solutions for the construction and industrial markets. Known for his strategic insight and leadership within the company, Vignial has been instrumental in driving various initiatives aimed at sustainability and efficiency across Saint-Gobain's operations. He has a strong background in corporate strategy and development, which has significantly contributed to the company's growth and adaptation to global market changes. His role often involves overseeing operational advancements, implementing innovative technologies, and fostering a culture of sustainability and corporate responsibility. Furthermore, Vignial's leadership in transforming business practices within the organization is part of a broader initiative to enhance Saint-Gobain's capacity to adapt to environmentally-friendly practices and leverage new technologies for sustainable development. His work aligns with the company’s mission to enhance well-being and quality of life through sustainable solutions.

Ms. Laurence Pernot
Vice-President of Communications
No Bio Available
Mr. Christian Bako
Vice President of Marketing & Development
No Bio Available
Ms. Claire Pedini
Senior VP of HR & Corporate Social Responsibility

Claire Pedini is a prominent French business executive known for her work with Compagnie de Saint-Gobain, a leading multinational corporation specializing in the production, processing, and distribution of materials. She currently serves as a senior executive at Saint-Gobain, where she has played a significant role in the company's strategic and operational management. Born on August 8, 1965, Claire Pedini is an alumna of the École des Hautes Études Commerciales (HEC) in Paris and has a strong background in economics and business administration. She began her career at Total S.A., a major global oil company, where she held various positions, notably in financial and human resources departments, demonstrating her versatility and leadership skills. Before joining Saint-Gobain, Pedini had an extensive career with Alcatel-Lucent, where she served as Senior Vice President in charge of Human Resources and Transformation. Her experience there involved managing large teams and being deeply involved in the company’s restructuring processes. At Saint-Gobain, Claire Pedini has been instrumental in driving strategic initiatives and overseeing critical aspects of the business. Her portfolio typically includes responsibilities related to human resources, organizational transformation, and corporate communications, and her leadership is marked by a focus on innovation, sustainability, and operational efficiency. Claire Pedini is respected for her strategic acumen and her ability to lead complex organizational changes, contributing significantly to strengthening Saint-Gobain’s position as a leader in its industry. She is also recognized for her commitment to diversity and inclusion within the corporate environment, advocating for equitable opportunities and sustainable business practices.

Mr. David Eric Molho
CEO of High Performance Solutions

David Eric Molho is a prominent executive at Compagnie de Saint-Gobain SA, a multinational corporation headquartered in France, known for its expertise in the design, manufacturing, and distribution of materials for the building and construction industries. David Eric Molho holds the position of CEO of High Performance Solutions, a division within the company that focuses on developing advanced materials and solutions to meet the demanding needs of various sectors such as automotive, aerospace, health, and energy. With a background in engineering and business management, Molho has played a significant role in steering the division towards innovation and sustainable practices, aligning with Saint-Gobain's overall commitment to creating products that enhance the quality of life and contribute to environmental conservation. His leadership is characterized by a focus on strategic growth, technological advancement, and adapting to market needs.

Mr. Thierry Fournier
Senior VP and CEO of Southern Europe, Middle East & Africa Region

Thierry Fournier is a notable executive affiliated with Compagnie de Saint-Gobain SA, a company renowned for its innovative materials and solutions that serve the construction, mobility, healthcare, and other industrial sectors. Thierry Fournier has held various strategic and leadership positions within the organization, significantly contributing to its business strategies and operations. Throughout his tenure, Fournier has been instrumental in driving growth and operational efficiency. He has focused on sustainability and innovation, reflecting Saint-Gobain's commitment to developing eco-friendly and advanced materials that meet the demands of modern construction and industrial applications. His roles have often involved overseeing key business units, optimizing supply chain processes, and implementing transformative projects that align with the company's long-term goals. Under his leadership, Saint-Gobain has continued to solidify its position as a leader in the global market for construction materials and solutions. Thierry Fournier's career at Saint-Gobain exemplifies his extensive experience and dedication to enhancing business operations amidst evolving industry trends.

Mr. Patrick Dupin
Senior VP & CEO of Northern Europe Region

Patrick Dupin is a notable executive at Compagnie de Saint-Gobain SA, a multinational corporation headquartered in France known for its specialization in the design, manufacture, and distribution of materials and solutions primarily within the building and construction industries. Dupin has held various leadership roles at Saint-Gobain, contributing significantly to its strategic development and operational efficiency. He has been particularly influential in the company's efforts to innovate and expand within the markets they serve. During his tenure, Dupin has been involved in driving key initiatives that align with Saint-Gobain's focus on sustainability and improving habitat and daily life through innovative materials and solutions. Dupin's leadership is marked by his strategic foresight and commitment to fostering growth while navigating the challenges presented by global markets. His contributions have been integral to maintaining the company's position as a leader in its field.

Contacts

Address
ILE-DE-FRANCE
Courbevoie
Tour Saint-Gobain 12 Place de l'Iris
Contacts
+33188540000.0
www.saint-gobain.com