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Saint-Gobain's Like-for-Like Sales Fall on North America Weakness

Provided by Dow Jones Oct 30, 2025, 5:48:00 PM

By Cristina Gallardo

Compagnie de Saint-Gobain said third-quarter sales fell on a like-for-like basis due to a contraction in its North America business.

The French building-materials company said Thursday that sales for the third quarter amounted to 11.42 billion euros ($13.25 billion), down 0.2% on a like-for-like basis compared with the year prior.

North America's like-for-like sales fell 6.5% in the third quarter, due to softness in new construction amid still-high interest rates, and the lack of major weather events, which in previous years had boosted sales of roofing products, Saint-Gobain said.

Volumes were down 0.9% in the quarter, it added.

Saint-Gobain confirmed its 2025 outlook and said it expects its operating margin for the year to surpass 11%.

Write to Cristina Gallardo at cristina.gallardo@wsj.com

(END) Dow Jones Newswires

October 30, 2025 13:48 ET (17:48 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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