Compagnie de Saint-Gobain SA (XAMS:SGO)
€ 26.11 0 (0%) Market Cap: 44.32 Bil Enterprise Value: 53.37 Bil PE Ratio: 15.82 PB Ratio: 1.88 GF Score: 75/100

Full Year 2019 Compagnie de Saint Gobain SA Earnings Call Transcript

Feb 28, 2020 / 07:30AM GMT
Release Date Price: €26.11
Pierre;Andre de Chalendar
Compagnie de Saint-Gobain S.A. - Chairman & CEO

Good morning, everybody, and welcome to this presentation on our 2019 results. So we'll -- I will go quickly through the highlights, then Sreedhar will go into more detail in our results. Benoit and I will update you on the strategy, and I'll finish up with the outlook for 2020.

So 2019 has been a very good year for Saint-Gobain, with, you see the main figures, sales up 1.9% to EUR 42.6 billion, up like-for-like 2.4%. Our operating income is up 5.7% on actual terms and 4.7% on a like-for-like basis with an increase of the operating margin of 30 basis points to 8%.

Our recurring net income is up 10% at EUR 1.915 billion, and the EPS is up a little more because we have reduced the -- to 11%, we have reduced the number of share outstanding.

The EBITDA with the new definition that Sreedhar explained to you in July is up 4.8% at EUR 4.870 billion. And the debt is down. This is the debt post IFRS, which is down EUR 700 million to EUR 10.5 billion, which gives a good ratio.

So if

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot