Compagnie de Saint-Gobain
26 January 2000
Lapeyre Group
1999 Consolidated Sales and Estimated Earnings
Consolidated Sales Up 18.9%
Consolidated Net Income Up 11.8%
The Board of Directors met on January 24, 2000 and examined the estimated
consolidated earnings for the year ended December 31, 1999. Consolidated sales
for the year amounted to FF 7,680 million (EUR 1,171 million), an 18.9% increase
over 1998. On a comparable structure, sales went up by 8.5%. The breakdown by
businesses was as follows:
Sales 1999 1999 1998 1998 % change
In FF In EUR In FF In EUR
millions millions millions millions
Lapeyre and GME 4,606 702 4,319 658 6.7%
SGM - Oxxo-Les Zelles 1,122 171 981 150 14.4%
K par K 667 102 525 80 26.9%
France 6,395 975 5,825 888 9.8%
International 1,285 196 637 97 101.7%
Consolidated sales
for the year 7,680 1,171 6,462 985 18.9%
The Polish companies ERG and Okfens were consolidated as of January 1, 1999,
while SBL (Styl'Deco) was consolidated as of May 1, 1999.
Estimated Consolidated Earnings
1999 1999 1998 1998 % change
In FF In EUR In FF In EUR
millions millions millions millions
Estimated
consolidated net
income 482 73 431 66 11.8%
Consolidated operating income increased by 12% during the year, to FF 834.6
million (EUR 127.2 million), and represented 10.9% of sales.
Consolidated net income rose by 11.8% to FF 482 million (EUR 73.5 million).
Definitive earnings will be released on March 29, 2000.
Lapeyre - Investors Relations
Patrick Mallet
Tel. +33(0)1 48 11 74 14 - Fax: +33(0)1 43 52 64 46
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.