Saint Gobain to build on construction momentum after a year record
Real Estate

Saint Gobain to build on construction momentum after a year record

Saint-Gobain had reported a full-year growth record and earnings with Celotex and Lapeyre brands citing momentum in American and Asian construction markets and its exposure to the European renovations.

The company told the media that it had witnessed an 18.4% year-on-year (YoY) organic revenue growth in 2021. It said it had increased prices in an attempt to offset the impact of inflation.

The company said that the price effect was positive at 6.7% for 2021, increasing steadily throughout the year and

standing at 9.5% in the second half (H2) and 10.3% in the fourth quarter (Q4). As power prices have constrained industrial production and higher bills to the consumers, the European Commission has called on EU states to use the €750 billion recovery fund to renovate buildings to cut power usage.

It will force all governments to move towards green energy, decarbonise the industry and insulate public and private buildings at full pace.

Chief Executive Officer of Saint-Gobain, Benoit Bazin, said that Brussels has estimated that 35 million buildings require renovation by 2030 as part of the region's 2050 carbon neutrality shift.

Saint-Gobain is a manufacturer and distributor in sectors ranging from automotive and food and beverages, reporting a 57.9% growth in operating income to €4.51 billion.

Image Source

Also read: Saint Gobain plans to triple revenue to Rs 30000 cr in 10 years

Saint-Gobain had reported a full-year growth record and earnings with Celotex and Lapeyre brands citing momentum in American and Asian construction markets and its exposure to the European renovations. The company told the media that it had witnessed an 18.4% year-on-year (YoY) organic revenue growth in 2021. It said it had increased prices in an attempt to offset the impact of inflation. The company said that the price effect was positive at 6.7% for 2021, increasing steadily throughout the year and standing at 9.5% in the second half (H2) and 10.3% in the fourth quarter (Q4). As power prices have constrained industrial production and higher bills to the consumers, the European Commission has called on EU states to use the €750 billion recovery fund to renovate buildings to cut power usage. It will force all governments to move towards green energy, decarbonise the industry and insulate public and private buildings at full pace. Chief Executive Officer of Saint-Gobain, Benoit Bazin, said that Brussels has estimated that 35 million buildings require renovation by 2030 as part of the region's 2050 carbon neutrality shift. Saint-Gobain is a manufacturer and distributor in sectors ranging from automotive and food and beverages, reporting a 57.9% growth in operating income to €4.51 billion. Image Source Also read: Saint Gobain plans to triple revenue to Rs 30000 cr in 10 years

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?