Saint-Gobain profit falls 13% in first half
Saint-Gobain reported a 13 percent fall in first-half 2026 net profit to 1.42 billion, or $1.63 billion, as total sales slipped 1.1 percent to 23.6 billion euros.
The French building products manufacturer said operating pre-tax profit also fell to 3.6 billion, hit by exchange-rate movements, while the company reported a return to growth in the second quarter.
Saint-Gobain's Paris-listed shares were quoted at 81.28 euros in mid-morning trading, with the wider market up 1.03 percent. Analysts at Capital Markets described the results as above expectations.
The company said sales improved in most regions except the Americas. It confirmed its growth outlook, while chief executive Benoit Bazin cited “a mixed macroeconomic environment and geopolitical uncertainty”.
Uncertainty notes
The supplied information gives conflicting descriptions of Saint-Gobain's share-price move, describing both a seven percent slide and a 6.9 percent gain at 81.28 euros.
The currency for the 1.42 billion net profit figure and the 3.6 billion operating pre-tax profit figure is not explicitly stated.
Source
AFP news report published on .