Saint-Gobain held its CMD yesterday at which it announced its new Strategic Plan “Grow & Impact” for 2021-25. Given that it was the first CMD of the new CEO Mr Benoit Bazin (changed after 15 years), that too under a favourable backdrop, we expected the company to announce aggressive targets for the next strategic period. Hence, even though the company has set modest targets, we were slightly disappointed, but this does not overshadow the strong conviction we have for the company.
08 Oct 2021
Grow & Impact...with less impactful targets
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Grow & Impact...with less impactful targets
Compagnie de Saint-Gobain SA (SGO:PAR) | 0 0 0.0%
- Published:
08 Oct 2021 -
Author:
Sejal Varshney -
Pages:
2
Saint-Gobain held its CMD yesterday at which it announced its new Strategic Plan “Grow & Impact” for 2021-25. Given that it was the first CMD of the new CEO Mr Benoit Bazin (changed after 15 years), that too under a favourable backdrop, we expected the company to announce aggressive targets for the next strategic period. Hence, even though the company has set modest targets, we were slightly disappointed, but this does not overshadow the strong conviction we have for the company.