Compagnie de Saint-Gobain SA (OTCPK:CODYY)
$ 18.97 0.45 (2.43%) Market Cap: 47.38 Bil Enterprise Value: 57.58 Bil PE Ratio: 15.40 PB Ratio: 1.84 GF Score: 79/100

Q3 2022 Compagnie de Saint Gobain SA Corporate Sales Call Transcript

Oct 27, 2022 / 04:30PM GMT
Release Date Price: $8.15 (-2.74%)
Operator

Ladies and gentlemen, welcome to the Saint-Gobain conference call.

I now hand over to Mr. Benoit Bazin, CEO; and Mr. Sreedhar, CFO. Gentlemen, please go ahead.

Benoit Bazin
Compagnie de Saint-Gobain S.A. - CEO & Director

Thank you.

Good evening, everybody. I hope that you have received our press release and that you have already been able to go through the highlights. So together with Sreedhar, we will discuss our Q3 sales and take your questions.

We have achieved strong growth in Q3 with sales up nearly 20%. Organic growth was dynamic, up 13.4% in the quarter. All our 5 segments have once again achieved double-digit like-for-like growth in the quarter. This strong performance reflects the Group's strong strategic positioning as the worldwide leader in light and sustainable construction, a strong governance country by country to offer unique innovative solutions and a commitment to strong execution from our teams on clear operational priorities. Right now, each one of our country CEOs is steering action plans in order to

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