Compagnie St-Gobain - Re Lapreyre Sales/Earn Report
January 26 2000 - 12:45PM
UK Regulatory
RNS Number:4933E
Compagnie de Saint-Gobain
26 January 2000
Lapeyre Group
1999 Consolidated Sales and Estimated Earnings
Consolidated Sales Up 18.9%
Consolidated Net Income Up 11.8%
The Board of Directors met on January 24, 2000 and examined the estimated
consolidated earnings for the year ended December 31, 1999. Consolidated sales
for the year amounted to FF 7,680 million (EUR 1,171 million), an 18.9% increase
over 1998. On a comparable structure, sales went up by 8.5%. The breakdown by
businesses was as follows:
Sales 1999 1999 1998 1998 % change
In FF In EUR In FF In EUR
millions millions millions millions
Lapeyre and GME 4,606 702 4,319 658 6.7%
SGM - Oxxo-Les Zelles 1,122 171 981 150 14.4%
K par K 667 102 525 80 26.9%
France 6,395 975 5,825 888 9.8%
International 1,285 196 637 97 101.7%
Consolidated sales
for the year 7,680 1,171 6,462 985 18.9%
The Polish companies ERG and Okfens were consolidated as of January 1, 1999,
while SBL (Styl'Deco) was consolidated as of May 1, 1999.
Estimated Consolidated Earnings
1999 1999 1998 1998 % change
In FF In EUR In FF In EUR
millions millions millions millions
Estimated
consolidated net
income 482 73 431 66 11.8%
Consolidated operating income increased by 12% during the year, to FF 834.6
million (EUR 127.2 million), and represented 10.9% of sales.
Consolidated net income rose by 11.8% to FF 482 million (EUR 73.5 million).
Definitive earnings will be released on March 29, 2000.
Lapeyre - Investors Relations
Patrick Mallet
Tel. +33(0)1 48 11 74 14 - Fax: +33(0)1 43 52 64 46
END
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