25.04.2024 20:19:58 - dpa-AFX: Saint-Gobain Q1 Sales Decline
COURBEVOIE (dpa-AFX) - Saint-Gobain (CODGF.PK), Thursday announced a decline
in its first-quarter sales due to a decrease in construction activities in
Europe.
Sales decreased to 11.3 billion euros from last year's 12.4 billion euros.
The company said that sales were down 10.3 percent in Europe on year-over-year
basis, which was partially offset by strong sales growth in North America and
Asia-Pacific regions.
Saint-Gobain stated that the acquisition of CSR Limited and Bailey would help
the company to expand its market in Australia and Canada.
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