Saint-Gobain Reports First Quarter Sales (5/9/06)
May 10, 2006
Consolidated sales for the Saint-Gobain Group in the first quarter of 2006 came in at 9,745 million euro, compared with 7,633 million euro for the same period in 2005, representing a rise of 27.7% on an actual structure basis, and 24.1% at constant exchange rates. The contribution of the group's acquisitions, net of disposals, accounts for a rise of 15.2% in group sales. British Plaster Board (BPB), which has been included in the group's scope of consolidation since December 1, 2005, recorded sales of 956 million euro over the first quarter. Overall, all of the group's sectors and businesses saw significant advances in sales on a like-for-like basis. Growth is particularly strong in construction-related businesses (especially the Construction Products and Building Distribution sectors), which continued to reap the rewards of buoyant demand in the U.S. and Europe (except Germany).