SGO announced good FY20 results, although sales and operating income were down by 10% and 16% respectively. It recovered significantly in H2 and sees positive trends for FY21. The company delivered on all its targets for FY20 and successfully completed its Transform and Grow programme. The new CEO will introduce new strategies for the company in October 2021.
SGO has proposed a dividend of €1.33/share and guided for the operating margin to be about 8.7% in FY21.
26 Feb 2021
FY 20: self-help and supportive renovation trends provide good outlook
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FY 20: self-help and supportive renovation trends provide good outlook
Compagnie de Saint-Gobain SA (SGO:PAR) | 0 0 0.0%
- Published:
26 Feb 2021 -
Author:
Sejal Varshney -
Pages:
3
SGO announced good FY20 results, although sales and operating income were down by 10% and 16% respectively. It recovered significantly in H2 and sees positive trends for FY21. The company delivered on all its targets for FY20 and successfully completed its Transform and Grow programme. The new CEO will introduce new strategies for the company in October 2021.
SGO has proposed a dividend of €1.33/share and guided for the operating margin to be about 8.7% in FY21.