Saint-Gobain continues to demonstrate its resilience by achieving another high operating performance level since the start of 2023, benefiting from the pertinence of its strategic positioning at the heart of energy and decarbonization challenges, and from the strength of its local organization by country.
Amid a moderate market slowdown, which reflects a contrasting situation between a marked decline in new construction and good resilience overall in renovation, the Group confirms that it is targeting an operating margin of between 9 and 11 percent in 2023, in line with the “Grow & Impact” strategic plan target.
In first-half 2023, the Group expects a double-digit operating margin.
First-half 2023 results will be published on Wednesday July 26, 2023, after market closing.