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Saint-Gobain rolls out new action plan in light of falling flat glass sales, income

Post Time:Jul 31,2012Classify:Industry NewsView:69

Saint-Gobain officials reported operating income for its flat glass segment plunged 79.3 percent in the first half of 2012 compared to the prior-year period, with flat glass sales retreating 6.5 percent. The manufacturer expects a “measured rise in its sales prices” throughout the coming year, according to a July 26 release. Saint-Gobain also will roll out new “cost-cutting measures,” particularly in its flat glass segment. Officials said the measures would primarily focus on its European operations.

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Source: http://www.glassmagazine.com/news-item/commercial/saint-gobain-rolls-out-new-action-plan-light-falling-flat-glass-sales-income-12Author:

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