Ceramic Industry News

Saint-Gobain Nine Month Sales Rises 5.5%

Saint-Gobain recently announced that its consolidated sales for the first nine months 2010 were €30,007 million (~ $41,629 million), compared to €28,435 million (~ $39,448 million) for the same period last year, representing an increase of 5.5% on an actual structure basis.

The company reported that currency fluctuations contributed significantly (3.8%) to sales growth, owing to the appreciation of Scandinavian currencies and the currencies of the group’s main emerging markets-especially the Brazilian real-against the euro. Changes in group structure had a slightly positive impact, representing 0.3% of sales growth over the period.

Flat Glass sales rose 8.9% over the nine months to September 30, 2010, and 6.5% over the third quarter. Volume growth over the last three months continued to be powered by Asia and emerging countries and, to a lesser extent (due chiefly to the tough basis for comparison) by Automotive Glass in Europe.

For additional details, visit www.saint-gobain.com.

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