H1 2021 RESULTS AND OUTLOOK
01 H1 2021 HIGHLIGHTS
- H1 2021 RESULTS
- STRATEGY
- OUTLOOK
+11.9% in organic growth versus H1 2019 and +27.4% versus H1 2020:
+7.6% in volumes on H1 2019
+4.3% in prices on H1 2019 (+3.9% on H1 2020)
+53% in like-for-like operating income versus H1 2019 to €2,376m 10.7% operating margin in H1 2021 versus 7.6% in H1 2019
+34% EBITDA on H1 2019 to €3,248m and EBITDA margin at 14.7% +60% in recurring net income on H1 2019 to €1,506m
+47% in free cash flow on H1 2020 to €2,461m, with a conversion ratio of 84%
Exceptional mobilization of all Saint-Gobain teams
NOUVEAUX RECORDS DE TOUS LES INDICATEURS DE PERFORMANCE
3 / | H1 2021 RESULTS AND OUTLOOK |
Enhanced growth and profitability profile:
- Divestment of under-performing assets: €5.3bn in sales, ~2% in EBITDA margin
- Acquisition of fast-growing and profitable assets: ~€1.5bn in sales, ~20% in EBITDA margin
Agile, collaborative and efficient organization:
- Dedicated teams empowered at country level
- Numerous synergies benefiting customers via integrated, differentiated solutions
ENHANCED GROWTH AND PROFITABILITY PROFILE
DRIVEN BY DECARBONIZATION SOLUTIONS
"Transform & Grow"
objectives significantly
exceeded, with the
operating margin at 10.4%
over the last 12 months
(versus a target of >100 bps compared to the 7.7% of 2018)
4 / | H1 2021 RESULTS AND OUTLOOK |
01 H1 2021 HIGHLIGHTS
02 H1 2021 RESULTS
- GROUP
- SEGMENTS
- STRATEGY
- OUTLOOK
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Compagnie de Saint Gobain SA published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 22:38:04 UTC.