Saint Gobain - Registration document 2016

5 2016 RESULTS AND OUTLOOK FOR 2017 1. Financial Results

OPERATING INCOME BY REGION (in EUR million and % of sales)

559

524

513

480

460

445

421

420

310

259

234

231

177

161

136

124

9.5%

8.8%

11.6%

9.3%

2.6%

3.2%

2.4%

3.6%

5.4%

5.9%

5.9%

6.5%

10.0%

10.7%

10.6%

11.1%

H1-16 H2-16

H1-15 H2-15

H1-15 H2-15 H1-16 H2-16

H1-15 H2-15 H1-16 H2-16

H1-15 H2-15 H1-16 H2-16

France

Other Western Europe

North America

Asia & emerging countries

EBITDA AND CAPEX BY REGION (2016, in EUR million and % of sales)

Q Q Q Q EBITDA AFTER CAPEX Q Q Q Q CAPEX

1,438

1,256

1,051

5

738

717

587

514

325

518

6.3%

387

2.2%

262

2.6%

203

3.9%

France

Other Western Europe

North America

Asia & emerging countries

1.2

FINANCIAL RESULTS

negative 1.0% Group structure impact essentially reflects extent Latin American countries – against the euro. The disposals carried out in the Building Distribution Sector. to the depreciation of the pound sterling – and to a lesser down 1.3%, with a negative 2.9% currency impact due namely despite a negative currency impact and by 10.8% like-for-like. Operating income increased 6.9% on a reported basis growth (stable price effect). On a reported basis, sales were Consolidated sales advanced 2.6% like-for-like, led by volume

sales in 2015. The operating margin stood at 7.2% of sales versus 6.7% of amortization) climbed 4.0% to €3,998 million, or 10.2% of EBITDA (operating income plus operating depreciation and sales (9.7% of sales in 2015). Non-operating costs fell to €312 million from €344 million in in the second half. This amount also includes a €90 million 2015, driven by lower restructuring costs thanks to a decrease involving CertainTeed in the US, unchanged from 2015. accrual to the provision for asbestos-related litigation

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SAINT-GOBAIN - REGISTRATION DOCUMENT 2016