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Compagnie de Saint Gobain SA (SGOB.PA)

SGOB.PA on Paris Stock Exchange

35.38EUR
20 Sep 2019
Change (% chg)

€0.14 (+0.38%)
Prev Close
€35.25
Open
€35.30
Day's High
€35.75
Day's Low
€35.24
Volume
2,564,798
Avg. Vol
1,591,838
52-wk High
€38.92
52-wk Low
€27.99

Latest Key Developments (Source: Significant Developments)

Saint-Gobain In Talks To Sell DMTP For EUR 70 Mln
Thursday, 18 Jul 2019 

July 18 (Reuters) - Compagnie de Saint Gobain SA ::SAINT-GOBAIN ENTERS INTO EXCLUSIVE NEGOTIATIONS TO SELL ITS CIVIL ENGINEERING MATERIALS DISTRIBUTION BUSINESS (DMTP) IN FRANCE.DIVESTMENTS COMPLETED OR SIGNED AS OF TODAY ALREADY REPRESENT OVER EUR 2.8 BILLION IN SALES.PLANNED DIVESTMENT COULD BE COMPLETED DURING FOURTH-QUARTER 2019 OR FIRST-QUARTER 2020.IN TALKS TO SELL DISTRIBUTION DE MATÉRIAUX POUR LES TRAVAUX PUBLICS (DMTP) FOR AN ENTERPRISE VALUE OF EUR 70 MILLION.TTRANSACTION IS PART OF SAINT-GOBAIN'S PORTFOLIO OPTIMIZATION STRATEGY, WHICH AIMS TO DIVEST OVER EUR 3 BILLION IN SALES BY END 2019.  Full Article

St Gobain to sell Optimera construction materials distribution business in Denmark
Wednesday, 19 Jun 2019 

June 19 (Reuters) - Saint Gobain SA ::* Saint-Gobain has signed an agreement with Davidsens Tommerhandel to sell its Optimera construction materials distribution business in Denmark.* Optimera Denmark has 17 outlets as well as construction materials warehouses and logistics centers, and had sales of around €120 million in 2018.* Transaction is in line with Saint-Gobain’s portfolio optimization strategy aimed at divesting businesses representing sales of more than €3.0 billion by end-2019. The transaction should be effective during the second half of 2019.  Full Article

Saint-Gobain Acquires Pritex
Tuesday, 28 May 2019 

May 28 (Reuters) - COMPAGNIE DE SAINT GOBAIN SA ::SAINT-GOBAIN HAS ACQUIRED PRITEX.SAYS PRITEX EMPLOYS 240 PEOPLE AND ACHIEVED CLOSE TO €20 MILLION IN SALES IN 2018.  Full Article

St Gobain sells German distribution business on enterprise value basis of 335 mln euros
Monday, 20 May 2019 

May 20 (Reuters) - St Gobain ::* Sale of its entire stake in Saint-Gobain Building.* Sale of German distribution business will be based on an enterprise value of €335 million..* In 2018, SGBDD generated revenues of €1,924 million and an operating income of €21 million. Mainly known for its Raab Karcher brand, SGBDD has 220 sales outlets and employs nearly 5,000 people..  Full Article

Mark Rayfield Appointed CEO Of Saint-Gobain North America
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Compagnie de Saint Gobain SA ::MARK RAYFIELD APPOINTED CEO OF SAINT-GOBAIN NORTH AMERICA.  Full Article

Saint Gobain sells part of pipe business in China
Friday, 23 Nov 2018 

Nov 23 (Reuters) - Compagnie de Saint Gobain SA statement :: Saint-Gobain has finalized the sale of the entities of its Xuzhou site in China and its industrial and property assets to Nanjing Manyuan Technology Co.,Lt. for approximately 200 million euros at current exchange rates..This operation is part of the divestment program announced by the Group at the end of July 2018.Source text for Eikon: [ID:].  Full Article

Saint-Gobain Launches Bond Issue of 1 Billion Euros
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - COMPAGNIE DE SAINT GOBAIN SA ::SUCCESSFULLY LAUNCHES BOND ISSUE OF EUR 1 BILLION.SUCCESSFULLY LAUNCHES BOND ISSUE IN TWO TRANCHES.1ST TRANCHE: BOND ISSUE OF 500 MILLION EUROS FOR 5 YEARS WITH A COUPON OF 0.875%.2ND TRANCHE: BOND ISSUE OF 500 MILLION EUROS FOR 10 YEARS WITH A COUPON OF 1.875%.FINAL ORDER BOOK, ALMOST EVENLY DISTRIBUTED BETWEEN THE TWO TRANCHES, REACHED NEARLY 7 BILLION EUROS.  Full Article

French group St Gobain sells UK glazing installation business
Tuesday, 31 Jul 2018 

July 31 (Reuters) - St Gobain ::DIVESTS ITS GLAZING INSTALLATION BUSINESS IN THE UNITED KINGDOM.SALE EFFECTIVE AUGUST 1 ST 2018,.THIS BUSINESS HAS DELIVERED AN ANNUAL TURNOVER AROUND £70M, AND EMPLOYS AROUND 440 PEOPLE.  Full Article

Sika chairman acknowledges company might become takeover target
Friday, 11 May 2018 

May 11 (Reuters) - Sika Ag ::CHAIRMAN PAUL HAELG SAYS DEAL WITH SAINT-GOBAIN WILL HELP ACCELERATE SIKA GROWTH STRATEGY.CHAIRMAN PAUL HAELG SAYS IT WAS WORTHWHILE FIGHTING SAINT-GOBAIN'S TAKEOVER ATTEMPT OVER THE PAST 3.5 YEARS.CEO PAUL SCHULER SAYS CONFIRMS STRATEGY 2020, PLANS TO COME OUT WITH NEW TARGETS EARLIER THAN PLANNED IN 2019.CEO PAUL SCHULER SAYS NEW STRUCTURE PROVIDES OPPORTUNITY TO FIND NEW ACQUISITIONS, INCREASE TEMPO OF ACQUISITIONS.CEO PAUL SCHULER SAYS CONFIRMS OUTLOOK, CONFIDENT CAN DELIVER.CHAIRMAN PAUL HAELG SAYS FAMILY, ALL CONFLICTED BOARD MEMBERS STEPPED DOWN ON FRIDAY, SAINT GOBAIN WILL NOT HAVE A BOARD SEAT BECAUSE THEY ARE A COMPETITOR.CHIEF EXECUTIVE PAUL SCHULER SAYS WANTS TO GO FOR BIGGER ACQUISITIONS IN THE FUTURE UP TO 500 MILLION SFR, IF IT'S IN THE RIGHT STRATEGY SIKA COULD GO HIGHER.CHAIRMAN SAYS SIKA MIGHT BECOME TAKEOVER TARGET WITH NEW SHARE STRUCTURE, SAYS 'CANNOT SAY'.  Full Article

‍Merrimack Village District And Saint-Gobain Performance Plastics Reach Settlement Agreement​
Wednesday, 28 Mar 2018 

Compagnie De Saint Gobain Sa ::‍MERRIMACK VILLAGE DISTRICT AND SAINT-GOBAIN PERFORMANCE PLASTICS REACH SETTLEMENT AGREEMENT​.SAINT-GOBAIN PERFORMANCE PLASTICS - ‍UNDER TERMS OF AGREEMENT, SGPPL AGREES TO PAY OVER NEXT 5 YRS FOR FUTURE OPERATION & MAINTENANCE OF SYSTEM​.SAINT-GOBAIN PERFORMANCE PLASTICS - UNDER AGREEMENT, CO TO PAY TO REIMBURSE MVD FOR COSTS IT REPORTED IN RELATION TO DETECTION OF PFOA IN WELLS​.SAINT-GOBAIN ‍PERFORMANCE PLASTICS - UNDER AGREEMENT, CO AGREES TO PAY FOR DESIGN, CONSTRUCTION & INSTALLATION OF SYSTEM​.  Full Article

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Saint-Gobain seeks to sell French distribution centers

PARIS French construction materials producer Saint-Gobain has started a process to sell its French distribution centers serving public works companies.