Saint-Gobain first-half profit falls 13%, but shares rise on second-half sales growth outlook

Earnings
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Compagnie de Saint-Gobain reported a 13% drop in first-half net attributable income to 1.417 billion euros, while shares gained 3.63% in Paris trading after the company forecast sales growth in the second half of fiscal 2026. EBITDA fell 5.1% to 3.625 billion euros with the margin narrowing to 15.4% from 16.0%, and total sales slipped 1.1% to 23.60 billion euros. The French sustainable construction group expects an EBITDA margin above 15.0% for the full year and sees sales growth across Europe, the Americas, and Asia-Pacific in the second half. Second-quarter sales rose 2.6% on a reported basis to 12.453 billion euros, with like-for-like growth of 3.5%.

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Industrials · 1 stocks
Compagnie de Saint-Gobain S.A.
SGO
▲ PositiveCapitalrelevance

Despite profit drop, company forecasts second-half sales growth and maintains EBITDA margin above 15%, boosting shares.