News
April 24, 2025 |
Malvern, PA
First-Quarter 2025 sales up 3.2%
- Clear sequential improvement in volumes in Q1 2025, stable at comparable working days versus Q1 2024
- Prices up 0.8%
- Decisive strategic steps with 2 acquisitions completed in construction chemicals: Cemix (Latin America) and FOSROC (India and Middle East)
- 2025 outlook confirmed: the Group expects an operating margin of more than 11.0%
In North America:
- Organic sales growth up by 1.0%, driven by prices and good volumes in renovation.
- Saint-Gobain is protected from the impact of customs tariffs thanks to the highly local business model.
- The Group benefits from strong exposure to the renovation market (over 50% of sales), particularly through its must-have roofing solutions, for which demand continued to exceed supply.
- The new construction market has stabilized at a level below structural construction needs, with interest rates remaining high.
- With 58 plants in the US and 33 in Canada serving local construction markets, Saint-Gobain is extremely well placed to continue its outperformance, thanks to its comprehensive range of light construction solutions offering high value-add for customers.
- The most recent innovations capturing market share include the development of FireLITE® , a lightweight fire-resistant plasterboard solution for the non-residential market, and growth in sales of ClimateFlex ® products, a reinforced roofing technology resistant to extreme weather events, integrated within the new multi-product FORTIFIED Roof™ system, addressing the recommendations of insurance companies.