4 February 1999: According to a recent report, France“s Saint-Gobain was due to announce its 1998 annual results at the close of trading on 28 January. The share, which already suffered last summer, …
4 February 1999: According to a recent report, France“s Saint-Gobain was due to announce its 1998 annual results at the close of trading on 28 January. The share, which already suffered last summer, fell sharply at the beginning of the year, with the group finding it hard to shake off its image as a cyclical stock, despite diversifying its range of activities. Concerns were rekindled with the economic situation in Brazil, where the group has a strong presence, as well as uncertainty over the fall in industrial prices.