Saint-Gobain Targets Higher Profitability, Sales Growth
By Billy Gray
Saint-Gobain set out targets for higher profitability and sales growth between 2026 and 2030, and earmarked around 12 billion euros ($14.09 billion) for investments and acquisitions over the same period.
The French construction-materials said Monday that it expects mid-single-digit sales growth in local currencies over the 2026 to 2030 period. It also expects an earnings before interest, taxes, depreciation and amortization margin of between 15% and 18% during the period.
For its previous plan, the company targeted an operating margin of 9% to 11%, equivalent to an Ebitda margin of 13% to 15%.
Saint-Gobain also confirmed its expectation for an operating margin of more than 11% for this year.
The company is looking to benefit from high growth in Asian markets driven by demographics and urbanization, and from strong structural needs in North America, said Benoit Bazin, the group's chief executive officer. In Europe, the group sees significant potential for recovery, Bazin added.
Saint-Gobain said it expects shareholder returns of around 8 billion euros to be distributed in dividends and buybacks by 2030.
Write to Billy Gray at william.gray@wsj.com
(END) Dow Jones Newswires
October 06, 2025 03:27 ET (07:27 GMT)
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