Saint-Gobain Announces Strong Progress in 2016 Financial Report

Chairman and Chief Executive of Saint-Gobain, Pierre-Andre de Chalendar, has credited the company’s $41 million in sales up by 2.6% to the improved economic environment in 2016. He says the company was able to capitalize on lower energy and material costs.

“In 2017, Saint-Gobain will maintain focus on its operational and strategic priorities. We expect both costs and prices to begin to rise again. The economic environment should be positive overall, although uncertainties remain in some of our markets,” Chalendar added.

Automotive glass has stabilized at a good level, with flat glass sales improving with a like-for-like sales increase of 6.5% over the year, according to the report.

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