Saint-Gobain - 1H Results As Forecast

Pierre-Andre de Chalendar, Chairman and CEO of Saint-Gobain commented "Saint-Gobain's sales for the first half 2016 confirm our February forecasts, with France stabilizing and all regions making a strong contribution to growth. Our strategy of investing in emerging markets provides us with a diversified platform for profitable growth. Our first-half results also benefited from efforts to optimise operations, particularly in Western Europe, and from upbeat trading in the US. The results are in line with our objectives and we expect a like-for-like improvement in operating income for the second half 2016 versus second-half 2015. While the Brexit vote in the UK has created a climate of uncertainty, it does not affect our objectives."