Nine Months 2023 Compagnie de Saint Gobain SA Corporate Sales Call Transcript
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 main highlights.
Together with Sreedhar, our CFO, we will present our solid third quarter performance. We continue to deliver very well on all the parameters that we control, be it price, cost, cash and margin. So I'm very happy about the operational performance of our group in the third quarter. Our teams are fully engaged and hands-on to new on their very good journey so that 2023 will be another record margin year for Saint-Gobain.
Like-for-like sales were stable over the first 9 months of 2023 and decreased 3.1% in the third quarter, which is then in line with the consensus. Prices were stable sequentially in Q3, and we once again achieved a positive price-cost spread. Volumes remain in line with our expectation of a mid-single-digit decrease for the full year 2023. We continue to outperform our markets, thanks to our strong strategic positioning at the heart of the energy and
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