COD Compagnie De Saint-gobain

TIDMCOD

RNS Number : 0501P

Compagnie de Saint-Gobain

07 October 2019

PRESS RELEASE

October 7, 2019

SAINT-GOBAIN COMPLETES THE SALE OF ITS OPTIMERA DISTRIBUTION

BUSINESS IN DENMARK

Saint-Gobain announces the completion of the sale of its Optimera construction materials distribution business in Denmark, which achieved annual sales of around EUR120 million in 2018, to Davidsens Tommerhandel.

This transaction is part of Saint-Gobain's portfolio optimization strategy within the framework of its new organization. Divestments completed or signed as of today by Saint-Gobain to increase its growth and profitability profile represent over EUR3.1 billion in sales, marking the continuation of divestments while the initial target of over EUR3 billion in sales by the end of the year has already been achieved.

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 
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 Vivien Dardel              35 98         Laurence Pernot        51 37 
  Floriana Michalowska      +33 1 47 62    Patricia Marie        +33 1 47 62 
  Christelle Gannage        30 93          Susanne Trabitzsch    43 25 
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October 07, 2019 12:16 ET (16:16 GMT)

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