Saint-Gobain says it confirms profit growth target, positive dynamic on higher prices

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Growth would come mainly through the prices it attains for its products, the company said in a statement.

“In this context, Saint-Gobain confirms that it is targeting a further increase in operating income in 2022 compared with 2021 at comparable exchange rates”, the company said in a statement.

Activist investment firm Bluebell Capital last month called for a shake-up at the company.

In response to Bluebell Capital’s comments, St Gobain said the company valued the “input and perspectives we receive from investors and the constructive dialogue with them”.