Full Year 2023 Compagnie de Saint Gobain SA Earnings Call Transcript
Good morning. It is my pleasure today to present together with Sreedhar, our Group CFO, our 2023 results. The key takeaway, of course, for today that we continue to deliver consistently a strong performance, record operating margin, record cash flow despite a challenging environment, all this demonstrating the strength of our operating model, the resilience of Saint-Gobain and also all the structural transformation that we have delivered in the last years.
So we'll start with a few highlights of 2023. Here are a few realizations of light and sustainable construction of Saint-Gobain around the world on iconic buildings be it in Poland, India, Vietnam or U.S.A. You know that renovation is our main market in Europe, 60% of our sales, and we truly lead on energy-efficient renovation. One example, more than 80% of renovation job sites in France have used or those job sites dealing with MaPrimeRenov have used our digital configurator, CAP RENOV. Also, in 2023, we continue to expand our presence in high-growth markets in terms of
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