2017-04-27
€9,937 million
Robust organic growth of 7.6%
- Volumes up 6.0%, with a significant improvement in all Business Sectors and regions supported by a favorable calendar impact of around 3%
- Positive 1.6% price effect amid rising raw material and energy costs
- Slightly positive currency impact of 0.4%; positive Group structure impact of 0.8%
Pierre-André de Chalendar, Chairman and Chief Executive Officer of Saint-Gobain, commented:
“The first quarter saw robust trading. The good momentum in sales volumes observed in 2016 continued at the start of the year in all Business Sectors and regions. France benefited from the recovery in new-build activity, while other Western European countries delivered further growth. North America and emerging markets had a good start to the year. The Group continued to pursue its priorities, focusing particularly on sales prices amid a more inflationary backdrop. We confirm our target of a further like-for-like increase in operating income for the full year 2017.”