Home > News > Company News > Saint-Gobain Climbs After Boosting Savings Goal to Offset Market

Saint-Gobain Climbs After Boosting Savings Goal to Offset Market

Post Time:Mar 01,2010Classify:Company NewsView:410

Feb. 26 (Bloomberg) -- Cie. de Saint-Gobain SA climbed as much as 6.7 percent in Paris trading after reporting better- than-expected 2009 profit and announcing plans to trim an additional 200 million euros from expenses this year.

Operating profit at 2.22 billion euros came in ahead of estimates, according to Ben Maurer, an analyst at Royal Bank of Scotland Plc. The French building-materials supplier added 5.8 percent, or 1.85 euros, to 33.85 euros as of 9:30 a.m. local time.

Source: BloombergAuthor: shangyi

Hot News

返回顶部