Saint-Gobain's Nine-Month 2024 Sales Performance

Saint-Gobain experienced a sequential improvement in sales in the third quarter of 2024, marking a 2.0% decline like-for-like compared to a 3.9% drop in the preceding nine months. This highlights improving performance, despite challenges in Europe's construction markets. In the Americas and Asia-Pacific, the company marked robust activity, bolstered by recent acquisitions contributing a positive 3.4% structure impact.

Stable pricing, alongside reduced raw material costs, provided a favorable price-cost spread. Although volumes declined by 1.5% during the quarter, they were aligned with expectations, showing a mixed picture: weaker new construction in Europe balanced by resilient renovation and robust activity in other global segments.

Sales remained at €11.6 billion for Q3, steady against currency fluctuations, thanks to strategic acquisitions in North America and Asia-Pacific. These acquisitions fueled growth amid ongoing business optimizations and asset disposals.