Saint-Gobain 1Q Sales Rose; Backs 2019 Outlook
April 25 2019 - 12:39PM
Dow Jones News
By Sarah Sloat
Compagnie de Saint-Gobain SA (SGO.FR) said Thursday that
first-quarter sales rose, helped by a weak comparison basis in the
year-earlier period.
The French construction-materials company had sales of 10.38
billion ($11.62 billion), compared with EUR9.76 billion in the same
period the year earlier. On a like-for-like basis, sales grew by
5.7%.
"Prices continued to progress along the lines of last year's
upbeat trends in a slightly lower inflationary environment," the
company said.
Saint-Gobain confirmed its 2019 outlook and said it continues to
target a further like-for-like increase in operating income.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
April 25, 2019 12:24 ET (16:24 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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