Saint-Gobain has published excellent H1 21 results, beating consensus expectations. Due to a strong demand momentum across all regions, Saint-Gobain was able to implement multiple price increases and thus was able to achieve a strongly positive price/cost mix.
Given the good set of results and a positive outlook, we will raise our estimates which could have an impact on our recommendation as well.
30 Jul 2021
H1 21: margin expansion target exceeded
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H1 21: margin expansion target exceeded
Compagnie de Saint-Gobain SA (SGO:PAR) | 0 0 0.0%
- Published:
30 Jul 2021 -
Author:
Sejal Varshney -
Pages:
3
Saint-Gobain has published excellent H1 21 results, beating consensus expectations. Due to a strong demand momentum across all regions, Saint-Gobain was able to implement multiple price increases and thus was able to achieve a strongly positive price/cost mix.
Given the good set of results and a positive outlook, we will raise our estimates which could have an impact on our recommendation as well.