Saint-Gobain expects a double-digit operating margin in the first half







Photo credit © Saint-Gobain

(Boursier.com) — Since the beginning of 2023, Saint Gobain continues to demonstrate its resilience by consolidating its very good level of operational performance, benefiting from the relevance of its strategic positioning, at the heart of energy and decarbonization issues, and from the strength of its local organization by country. In a context of moderate market slowdown, which reflects a contrasting situation between the marked decline in new construction and the good general resilience of renovation, the Group confirms that it is aiming for an operating margin of between 9% and 11% in 2023, in line with the objective of the “Grow & Impact” strategic plan. In the first half of 2023, the Group anticipates a double-digit operating margin. The results for the first half of 2023 will be published on Wednesday July 26, 2023, after market close.


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