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Saint-Gobain says sales up, could slow in Q4

Post Time:Oct 27,2011Classify:Industry NewsView:83

Saint-Gobain on Tuesday, Oct. 25,posted a better-than-expected 2.6 percent rise in third-quarter sales, while warning that a weak economy could take a toll on growth during the final three months of the year, according to a recentReuters article.

The company said sales in the third quarter rose to $14.9 billion, pointing to strong sales prices as well as buoyant residential contruction markets in France, Germany and Scandinavia as growth drivers, accroding to the article.

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