February 24 (Reuters) – Compagnie de Saint Gobain SA
SGOB.PA:
* RECORD NET CURRENT INCOME AT €2,815M: +91% VERSUS 2020 AND +47% VERSUS 2019
* STRONG VALUE CREATION WITH A RECORD ROCE OF 15.3% (COMPARED TO 11.1% IN 2019)
* DIVIDEND OF €1.63 (+23%) PROPOSED FOR 2021 AND COMMITMENT TO BUYBACK AT LEAST €400 MILLION OF SHARES IN 2022
* CONTINUOUS PROGRESS IN NON-FINANCIAL PERFORMANCE WITH A FURTHER DROP IN 2021 IN SCOPE 1 AND 2 CO2 EMISSIONS
* SUCCESSFUL LAUNCH OF THE “GROW & IMPACT” PLAN WITH RESULTS IN LINE OR EXCEEDED FOR ALL OBJECTIVES IN THE 1ST YEAR
* CONFIRMATION OF A NEW GROWTH AND PROFITABILITY PROFILE
* IN A CONTEXT OF STRUCTURALLY GOOD MARKETS, THE GROUP IS TAKING FURTHER GROWTH IN OPERATING INCOME IN 2022 COMPARED TO 2021 AT COMPARABLE EXCHANGE RATES
* SALES INCREASE BY +18.4% COMPARED TO 2020 AND BY +13.8% COMPARED TO 2019
* OPERATING INCOME INCREASES STRONGLY AND REACHES A NEW ALL-HIGHEST AT €4,507 M
* SAINT-GOBAIN’S OPERATING MARGIN INCREASES AT A RECORD LEVEL TO 10.2% IN 2021
* FREE CASH FLOW REACHES 2,904 MILLION EUROS IN 2021
* NET DEBT REMAINS QUASI STABLE AT 7.3 BILLION EUROS AT THE END OF 2021
Original text on Eikon ID:nNDL61Drwb For more details, click on SGOB.PA
(Gdansk Newsroom)