Compagnie de Saint Gobain (FR:SGO) has released an update.
Compagnie de Saint Gobain reported a record operating margin of 11.7% and strong free cash flow, signaling robust financial health and successful strategic acquisitions in high-growth markets. Despite a challenging macroeconomic environment, the company has maintained positive momentum with significant progress in North America, Asia, and emerging countries, now accounting for over two-thirds of its operating income. CEO Benoit Bazin remains confident in the company’s performance, forecasting sustained double-digit operating margins for the fourth consecutive year.
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