Earnings call transcript: Saint-Gobain Q3 2026 sales rise as pricing drives growth
Saint-Gobain reported a 2.5% increase in like-for-like sales for Q3 2026, driven primarily by a 3.2% rise in pricing. The company saw positive growth across all regions, with Asia Pacific leading at 8% and Europe at 2.5%. Construction Chemicals also stood out with 6.3% like-for-like growth. However, the Americas saw a 0.6% increase, attributed to inflation and weaker construction demand.
The EPS for the quarter was -$0.01, though no earnings per share forecast was provided. Full-year EBITDA margin targets were raised above 15%. Shares of Saint-Gobain remained unchanged at $0.105 immediately after the call but later traded near $0.09, close to the bottom of its 52-week range. The muted stock reaction suggests investors are cautious about the company's outlook.
Saint-Gobain's focus on higher-value products and pricing over volume appears to be paying off, but the company remains cautious amid global economic uncertainties.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
