Saint-Gobain Announces Results
October 31, 2005
Consolidated sales for the Saint-Gobain Group reached €25,743 million (approximately $46 million) for the first nine months of 2005, representing an increase of 6.9%. At constant exchange rates (based on average rates for the first nine months of 2004), sales were up 6.8% on an actual structure basis and 1.9% on a comparable structure basis. Prices edged up 1.7%, while volumes expanded by 0.2%. Following the upturn in the second quarter, the Group's organic growth slowed down in the third quarter, due, on one hand, to the high comparison basis of the third quarter 2004 (4.0% like-for-like growth) and, on the other hand, to the more difficult economic climate resulting from the strong rise in energy costs. In line with the trends observed in the second quarter, the businesses exposed to the new residential construction and renovation markets continued to drive the Group's overall growth up in the third quarter and during the first nine months of 2005.
Additional details are available at www.saint-gobain.com.