(AOF) – Saint-Gobain has unveiled net income, group share, up 452.9% to 2.52 billion euros in 2021. Operating income rose 58% to reach a new plus. historic high of 4.507 billion euros, showing a record operating margin of 10.2% in 2021 compared to 7.5% in 2020. It shows an increase of 250 points since the launch of the group’s transformation at the end of 2018 and is among the best performers in the sector in both its industrial and trading businesses.
Like-for-like, sales increased by 18.4%. On an actual basis, turnover recorded a record level at 44.160 billion euros.
Saint-Gobain will pay a dividend of 1.63 euros (+23%) for 2021 and initiate a buyback of at least 400 million euros of shares in 2022.
“In a context of structurally buoyant markets, the group is targeting further growth in operating income in 2022 compared to 2021 at comparable exchange rates,” said Benoit Bazin, Chief Executive Officer of Saint-Gobain.
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