Saint Gobain - Registration document 2016
5 2016 RESULTS AND OUTLOOK FOR 2017 1. Financial Results
HPM
ORGANIC GROWTH
OPERATING INCOME
CAPEX
+2.2%
€616m MARGIN 13.7%
€198m
VOLUME +1.3%
PRICE +0.9%
2016 VS. 2015
Sales (€m)
Operating income and margin (€m - %)
2,297
13.7%
13.4%
2,264
2,243
2,205
318
310
298
292
13.5%
13.2%
14.0%
13.3%
H1-2015 H2-2015 H1-2016 H2-2016
H1-2015 H2-2015 H1-2016 H2-2016
over the year, with a less favorable mix in the second half. from robust momentum in Europe. Ceramics stabilized led by Asia and emerging countries. Plastics also benefited in the US, all HPM businesses advanced in the second half, like-for-like basis. Despite the decline in industrial markets High-Performance Materials (HPM) sales rose 2.2% on a
volumes in the US. Textile Solutions were buoyed by the sharp rise in Roofing second-half 2015). 13.4%, and stood at 13.3% for the second half (13.2% in The operating margin for the year widened to 13.7% from
5
b)
Construction Products
CONSTRUCTION PRODUCTS
28%
38%
INDUSTRIAL ASSETS AT END-2016
2016 SALES
ORGANIC GROWTH
OPERATING INCOME
CAPEX
+1.4%
€1,106m MARGE 9.3%
€515m
VOLUME +2.3%
PRICES -0.9%
2016 VS. 2015
to 9.3% from 8.5% despite the decline in Pipe. Construction Products (CP) reported 1.4% organic growth, including 1.1% in the second half. The operating margin improved, up
97
SAINT-GOBAIN - REGISTRATION DOCUMENT 2016
Made with FlippingBook