Compagnie de Saint-Gobain Disposal (9057Y)
January 06 2020 - 12:05PM
UK Regulatory
TIDMCOD
RNS Number : 9057Y
Compagnie de Saint-Gobain
06 January 2020
PRESS RELEASE
January 6, 2020
SAINT-GOBAIN COMPLETES THE DIVESTMENT OF ITS expanded
polystyrene (eps) business In France
Saint-Gobain completed on December 31, 2019 the sale of its
expanded polystyrene (EPS) business in France to the Austrian and
Swedish consortium Hirsch-BEWiSynbra.
The EPS business in France had generated sales of around EUR70
million in 2018.
This transaction is part of Saint-Gobain's portfolio
optimization strategy within the framework of its new organization.
Divestments completed or signed by the Group to date in order to
enhance its growth and profitability profile represent sales of
around EUR3.3 billion. Saint-Gobain is continuing its divestment
program even though the initial target of over EUR3 billion in
sales divested by the end of 2019 has been met.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and
solutions which are key ingredients in the wellbeing of each of us
and the future of all. They can be found everywhere in our living
places and our daily life: in buildings, transportation,
infrastructure and in many industrial applications. They provide
comfort, performance and safety while addressing the challenges of
sustainable construction, resource efficiency and climate
change.
EUR41.8 billion in sales in 2018
Operations in 68 countries
More than 180,000 employees
For more information about Saint-Gobain
Visit www.saint-gobain.com
and follow us on Twitter @saintgobain
Analyst/Investor relations Press relations
+331 47 62 +33 1 47 62 30
44 29 10
+33 1 47 62 +33 1 47 62 51
Vivien Dardel 35 98 Laurence Pernot 37
Floriana Michalowska +33 1 47 62 Patricia Marie +33 1 47 62 43
Christelle Gannage 30 93 Susanne Trabitzsch 25
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END
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