Ceramic Industry News

Saint-Gobain Posts 12% Increase in First Quarter Sales

May 13, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

Saint-Gobain recently reported a strong rise in its consolidated sales for the first quarter of 2011. Sales for the quarter increased 12.2% to €9,799 million (~ $14,077 million), up from €8,737 million (~ $12,552 million) in the same quarter last year.

Flat Glass reported 10.8% organic growth, powered mainly by volume gains. The strong recovery of the global automotive market and bullish economic conditions in Asia and emerging countries have now been joined by the gradual pickup in construction markets in Western Europe. Against this backdrop, sales prices increased over the period, for both commodity products (float glass) in Europe and processed products, the company reports.

“Saint-Gobain’s strong first quarter organic sales growth confirmed the recovery in sales volumes observed in 2010,” said Pierre-Andre de Chalendar, chairman and CEO. “The volume upturn is now also driven by the rebound in residential construction and renovation markets in Europe, amplified by much better weather conditions than in the first quarter of 2010. Thanks to our strategic positioning in high value-added habitat solutions, we achieved higher growth than our underlying markets and have been able to successfully pursue our pricing policy, with sales prices up 2% over the quarter.”

For additional details, visit 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.

Multimedia

Videos

Image Galleries

April 2014 Issue Highlights

Our April 2014 issue is now available!

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI August 2014 cover

2014 August

Explore technical ceramics, glasses and refractories in our August issue!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

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.

Directories

CI Data Book July 2012

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

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px