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Roberto Caliari has been appointed Senior Vice-President in charge of the Ceramics & Plastics, Abrasives and Reinforcements Branches.
Saint-Gobain Group consolidated net income for the first half of 2003 amounted to EUR 470 million, a decrease of 5.6% on the same period of 2002.
A spate of layoffs hit France this week, with U.S. computer-maker Hewlett-Packard detailing 1,400 cuts and transfers, and glass and construction group Saint-Gobain announcing it will move positions to the Czech Republic.
French glass and construction materials firm Saint-Gobain foresees no sign of any vigorous economic rebound before the end of 2002 and confirmed its outlook for earnings growth of up to 4 percent.
Central Glass Co. of Japan is tying up with Compagnie de Saint-Gobain of France to strengthen its global business of making glass for Japanese automakers.
Saint-Gobain, the French materials and packaging group has finally begun to reap the rewards of its cost-cutting and refocusing strategy.
Consolidated sales rose by 12.1% to EUR 1,458 million in 2001. The increase was 14.6% at constant exchange rates and 6% at comparable scope of consolidation, excluding Telhanorte, Menuiseries Franaises and Lapeyre Polska, as well as Lapeyre…
Merrill Lynch upgraded its recommendation for shares in French glass and packaging group St Gobain SA yesterday from "buy" to "strong buy", setting a new share price target of 215 euros.
Consolidated sales for Groupe Lapeyre amounted to Ï1,084.1 million at September 30, 2001, an increase of 15.3% compared with the first nine months of 2000.