The Saint-Gobain Group, Courbevoie, France, reported sales €33.4 billion (US$43.1 billion) for the first nine months of 2008, an increase of 2.5% from the prior year same period. The group saw organic growth of 2.8%.
All of the Group’s business sectors saw a rise in like-for-like sales over the first nine months of 2008.
The residential construction market in the U.S. benefited from a momentary rebound in renovation businesses related to siding and roofing products. In western Europe, business tailed off in the third quarter with a deceleration in volumes in most countries and a recession taking hold and intensifying in Spain and the UK. Overall, demand related to industrial output and capital spending remained steady in both Europe and the U.S. …
Saint-Gobain Sales Up For First Nine Months
The Saint-Gobain Group, Courbevoie, France, reported sales €33.4 billion (US$43.1 billion) for the first nine months of 2008, an increase of 2.5% from the prior year same period. The group saw organic growth of 2.8%.
All of the Group’s business sectors saw a rise in like-for-like sales over the first nine months of 2008.
The residential construction market in the U.S. benefited from a momentary rebound in renovation businesses related to siding and roofing products. In western Europe, business tailed off in the third quarter with a deceleration in volumes in most countries and a recession taking hold and intensifying in Spain and the UK. Overall, demand related to industrial output and capital spending remained steady in both Europe and the U.S. …
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