Saint-Gobain sticks to targets

ce

ce’s Saint-Gobain stuck to its full-year targets yesterday, saying robust growth in emerging markets, an upturn in the US construction market and stabilisation in Europe would help it offset the impact of volatile currencies. Europe’s biggest supplier of building materials reported a 1.4 per cent drop in third-quarter sales to €10.8bn, in line with analysts’ expectations and up 3.1 per cent on a like-for-like basis.