Compagnie de Saint-Gobain S.A. (SGO) Earnings Call Transcripts

Compagnie de Saint-Gobain S.A.'s Latest Earnings Call - June 4, 2026

In the first quarter of 2026, Compagnie de Saint-Gobain S.A. reported a decline in sales by 2.3% in local currency, which fell short of expectations. The company maintained its guidance for an EBITDA margin above 15% for the year, despite challenging weather conditions impacting performance. Notably, recurring net income for 2025 was EUR 3.3 billion, and the company is focused on executing its new strategic plan, Lead & Grow, aiming for mid-single-digit sales growth and an EBITDA margin of 15-18%. The stock may react to the guidance and ongoing strategic initiatives, particularly in sustainable construction and market expansion.

Reported metrics

Guidance from management

Saint-Gobain maintained its guidance for 2026, targeting an EBITDA margin above 15% and aiming for mid-single-digit sales growth. The company is focused on executing its strategic plan, Lead & Grow, through acquisitions and market expansion.

What management said

Ladies and gentlemen, dear shareholders, good afternoon. We have convened you for today's ordinary AGM to discuss the items on the agenda that we'll be reading to you very shortly. This year, I will be chairing the AGM as Chairman and CEO. Besides me, I have Maud Thuaudet, who is our Chief Financial Officer; Claire Pedini, who is our Deputy CEO in charge of HR and CSR; and Antoine Vignial, who is our Company Secret...

Thank you, Benoit. Good afternoon, ladies and gentlemen. Safety is Saint-Gobain Group's top priority. This is why before beginning the meeting, I would like to explain the safety instructions to be followed. In the event of a problem, you will hear an evacuation message, followed by the sounding of an alarm. If that is to happen, you should head calmly towards the closest exit. There will be blue arrows, as you can s...

What analysts pressed on

Analysts expressed concerns over the recent sales decline and the impact of adverse weather conditions on performance. There were questions regarding the sustainability of growth targets amidst macroeconomic challenges and the effectiveness of the company's pricing strategies in a rising cost environment.

Main topics on the call

• Sales Performance — Saint-Gobain's sales decreased by 2.3% in Q1 2026, which was less than anticipated due to adverse weather conditions. Management stated, "The first half year was affected by the weather conditions, extreme weather condit...
• EBITDA Margin Guidance — The company reaffirmed its guidance for an EBITDA margin above 15% for 2026, despite the recent sales decline. CFO Maud Thuaudet noted, "We have every confidence in our group's ability to achieve yet another year of over...
• Strategic Plan Execution — Saint-Gobain is rolling out its Lead & Grow strategic plan, targeting mid-single-digit growth and a 15-18% EBITDA margin. CEO Benoit Bazin emphasized, "We want to step up our profitable growth," indicating a strong focus...
• Acquisitions and Disposals — The company has made three acquisitions in construction chemicals and initiated 11 new production lines in high-growth markets. Management stated, "We will continue making acquisitions and proceeding with disposals, alwa...

Read the full Compagnie de Saint-Gobain S.A. transcript (June 4, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 34 Compagnie de Saint-Gobain S.A. earnings call transcripts on record, spanning February 28, 2020 to July 31, 2026. Based on this history, Compagnie de Saint-Gobain S.A. reports quarterly. The most recent call on file is dated July 31, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SGO

Exchange

ENXTPA

Country

FR

Sector

Industrials

Industry

Building Products

Calls on record

34

First call

February 28, 2020

Most recent

July 31, 2026

Reporting cadence

quarterly