Ceramic Industry News

Saint-Gobain Announces Positive 2007 Results (posted 1/31/08)

The Saint-Gobain Group recently reported 5% organic growth (3.7% price impact, 1.3% volume effect) for 2007. The Group’s five sectors all contributed to the performance, particularly activities that are linked to construction markets in Europe. This strong momentum more than offset the downturn in U.S. construction activities. Emerging countries and Asia, which account for 15% of Group sales and 19% of its operating income, continued to deliver robust growth (+16.6%) across all Group businesses. Industrial output and capital expenditure held firm in all regions.

The Flat Glass sector turned in the Group’s strongest performance, both in terms of sales (+10.4% on a reported basis and +11.2% like-for-like) and operating income (+49.4%). This reflects vibrant demand across all of its markets (construction and automotive industries) in Europe and emerging countries, sales price increases implemented in the construction glass business, and a rise in contributions from high value-added products. As a result, the sector’s operating margin rose to 12.8% from 9.4% in 2006.

Within the High-Performance Materials (HPM) sector, Ceramics, Plastics & Abrasives reported 4.5% organic growth on the back of healthy capital expenditure and industrial output worldwide. Organic growth for the sector as a whole came in at 2.2%, given the 4.2% downturn in the Reinforcements business (a significant part of which was sold to Owens Corning in November 2007). The sector’s operating margin increased to 12.3% from 10.5% last year.

Additional details are available at www.saint-gobain.com.


Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

2015 Ceramics Expo

Snapshots from the 2015 Ceramics Expo, April 28-30, Cleveland, Ohio. Posted: May 14, 2015.


Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

CI May 2015 cover

2015 May

Our May issue covers bulk batching, pneumatic conveyors, high-temperature furnaces and more! Be sure to check it out today.

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!