Saint-Gobain reported an excellent set of H1 22 results, beating consensus expectations. Due to the 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 have raised our estimates, resulting in a 5% increase in our Target Price.
28 Jul 2022
H1 22: price over cost guided for the full-year
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H1 22: price over cost guided for the full-year
Compagnie de Saint-Gobain SA (SGO:PAR) | 0 0 0.0%
- Published:
28 Jul 2022 -
Author:
Sejal Varshney -
Pages:
3
Saint-Gobain reported an excellent set of H1 22 results, beating consensus expectations. Due to the 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 have raised our estimates, resulting in a 5% increase in our Target Price.