The 2020 Mid-Year Economic Update_long

Saint-Gobain Sales Down 1.7% in 2014

Fourth quarter sales decreased 1.4 percent.

European building materials supplier Saint-Gobain reported sales for 2014 of €41.1 billion (US$46 billion), a decrease of 1.7 percent from the previous year. Profit increased 60.2 percent to €953 million (US$1067.2 million) from the previous year.

Fourth quarter sales were €10.2 billion (US$11.4 billion), a decrease of 1.4 percent from the same period the previous year.

Innovative materials sales were up 2.5 percent in 2014, while sales for the construction products sector were down 0.6 percent. Building distribution was up 0.2 percent, while packaging sales were down 25.2 percent for the year.

Geographically, sales in France were down 1.3 percent, other Western European countries were up 2.5 percent, North America was down 14.6 percent and Asia and emerging countries were up 0.6 percent.

“2014 confirmed the improvement in the Group’s results despite a challenging macroeconomic climate in France and uncertainty in Germany," said Pierre-André de Chalendar, CEO. “During the year, Saint-Gobain embarked on a significant reorganization of its business portfolio, with the plan to acquire a controlling interest in Sika and the launch of a competitive bidding process for the sale of Verallia.”

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.