Saint Gobain: As expected, no further improvement in the German Flat Glass index

BUY, Fair Value EUR40 (+5%)

News published on November Thursday 21, 2013
Share on

The October 2013 Float Glass Price Index in Germany was slightly down vs. October 2012 at -1.4% and -0.5% vs. September 2013. The index continues to show a stabilisation yoy and sequentially due to a tougher comparison basis and a still difficult market in volume terms. Although the stabilisation in price may represent a slight disappointment, recall that Saint-Gobain has already warned in its last conference call that no price increase should be expected over the winter season.


Full report available to subscribers
Please contact marketing@bryangarnier.fr   

The Essentials

Everything you need to know about investment banking dedicated to growth
Stay Informed
Get our news
Join our Team
Bryan, Garnier & Co is always looking for talent in all our divisions, at all levels
Explore our opportunities