(CercleFinance.com) – Turnover was down -4.9% to 36.5 billion euros on an actual basis at the end of September and -10.5% to 11.6 billion euros over the third quarter, with a currency effect of -2.2% over 9 months and -3.9% in the third quarter, and a scope effect of -2.7% over 9 months and -3.5% as of third trimester.
SHP turnover increased by +3.5% over 9 months and fell by -2.1% in the third quarter in generally slowing markets.
The Group confirms its market assumptions for 2023, with a contrasting situation between the marked drop in new construction in certain geographies and the good general resilience of renovation.
In a context of moderate market slowdown, Saint-Gobain is targeting, for the whole of 2023, a new record operating margin, in double digits for the third consecutive year.
Copyright © 2023 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends using the buttons below.
