Saint-Gobain Achieves Impressive Double-Digit Operating Margin in First-Half 2023

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Saint-Gobain Achieves Remarkable Operating Performance in 2023

Saint-Gobain, a leading player in the energy and decarbonization landscape, continues to showcase its resilience by delivering another impressive operating performance in 2023. The company’s strategic positioning and strong local organization have been instrumental in navigating the dynamic market conditions.

Navigating Market Dynamics

Despite a moderate market slowdown characterized by a decline in new construction, the Group has displayed remarkable adaptability. The renovation sector has shown resilience, offsetting the impact of the challenging construction landscape. Saint-Gobain remains steadfast in its commitment to achieving an operating margin of 9 to 11 percent in 2023, aligning with its strategic plan “Grow & Impact.”

Anticipating Double-Digit Operating Margin

In a testament to its continued success, Saint-Gobain expects to achieve a double-digit operating margin in the first half of 2023. This remarkable milestone reaffirms the Group’s ability to deliver sustained performance even in a complex business environment.

Stay Tuned for First-Half 2023 Results

Mark your calendars for Wednesday, July 26, 2023, as Saint-Gobain will release its first-half 2023 results after market closing. This highly anticipated announcement will provide further insights into the company’s exceptional performance and strategic outlook.

Source: Saint-Gobain  with additional information added by Apazon

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