Saint-Gobain reports third-quarter sales of €11.6 billion and like-for-like growth of 2.5%
Key Facts
Saint-Gobain reported sales of €11.6 billion in the third quarter of 2026, up 2.5% on a like-for-like basis, according to a company statement. For the nine months ended September, sales rose 1.2% on the same basis. The company said quarterly growth came from all regions, with a strong contribution from Construction Chemicals. Prices also rose 3.2% during the quarter, in what it described as a more challenging inflationary environment. The figures place the quarter’s performance in the context of continued year-on-year growth over the nine months, with clear differences across regions and businesses.
Asia Pacific led the regions, with like-for-like sales growth of 8.0% in the third quarter. Europe recorded like-for-like growth of 2.5%, while sales in the Americas rose 0.6%. Regional growth therefore varied, from stronger expansion in Asia Pacific to a modest increase in the Americas. Growth was not limited to any one region, according to the company, which said all regions contributed to higher sales. This breakdown provides more detail than the overall figure of 2.5%, highlighting Asia Pacific as the clearest regional growth driver in the quarter.
Prices rose 3.2% in the third quarter, compared with an increase of 1.5% over the nine months to the end of September. Saint-Gobain attributed this to its value-added solutions and disciplined execution in a more challenging inflationary environment. The company said its “value-added solutions and disciplined execution” supported the price increase. The statement points to pricing as a factor in sales growth, while also linking performance to regional growth and Construction Chemicals. It does not say that price increases were intended to protect margins, so the stated outcome here is improved pricing within a broader mix of sales drivers.
Construction Chemicals stood out among the businesses, with like-for-like sales growth of 6.3% in the third quarter, exceeding the group’s overall increase of 2.5%. For the nine months, sales in the business grew 5.6%. The company said the business maintained strong momentum and that all regions recorded strong growth in it. This places Construction Chemicals among the strongest reported operating performance areas for the period, alongside regional expansion in Asia Pacific. The comparison between the business’s growth and the group rate indicates relative strength in chemicals, though the statement does not detail its contribution to total revenue.
The quarterly results follow an earlier EL7 story published on July 31, which reported that Saint-Gobain announced an acceleration in its first-half 2026 financial results, supported by cash flow. The new statement extends like-for-like sales growth to the nine months ended September, though it stood at 1.2% for the full period. In France, the manufacturing PMI was 49.3 points on October 23, below the forecast of 50.5 and the previous reading of 50.6. A reading below 50 indicates contraction in manufacturing activity. French household confidence also fell to 80 points in October, down 5 points from the previous month, amid a weaker domestic economic backdrop.
On its outlook, Saint-Gobain reaffirmed that it expects an EBITDA margin above 15.0% in 2026. The target provides a benchmark for tracking the company’s ability to translate sales growth into operating performance during the year, while the statement does not include a reported third-quarter margin figure among these facts. France’s first estimate of third-quarter GDP is due on October 30. The next household confidence reading is scheduled for November 25. These dates follow the manufacturing reading, which remained below 50, while meeting the annual margin target remains one of the indicators the company said it expects.