|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||35.19 - 35.88|
|52 Week Range||35.19 - 51.40|
|PE Ratio (TTM)||12.63|
|Forward Dividend & Yield||1.30 (3.41%)|
|1y Target Est||48.59|
The unit generates annual revenue of about £70 million pounds ($91.9 million) and employs about 440 employees, Saint-Gobain said.
Sika (SIK.S) shareholders on Monday voted for a simplified share structure and abolished the dual-share scheme which had made the construction chemicals maker vulnerable to a hostile takeover battle with France's Saint-Gobain (SGOB.PA). Shareholders gave almost unanimous approval to a new unitary share structure of one share, one vote at an extraordinary general meeting in the company's Swiss hometown of Baar. Previously Sika, which makes chemicals used in the construction and automotive industry, had two classes of shares.
Examining Compagnie de Saint-Gobain SA.’s (ENXTPA:SGO) past track record of performance is a useful exercise for investors. It allows us to reflect on whether the company has met or exceedRead More...
Companies are spending millions on their security infrastructure ahead of new European data protection rules, but some worry that the law’s lack of clear technical guidelines may mean that these steps aren’t enough. The EU’s General Data Protection Regulation, or GDPR, aims to safeguard data-privacy rights by requiring companies to get consent before using personal data and requiring them to store it safely. One of the challenges for executives is that the legislation doesn’t specify how regulators will assess compliance, making it difficult for companies to decide if they have made sufficient changes to their data policies or invested enough in upgrading their systems. The European Union's General Data Protection Regulation on data privacy will come into force on May 25, 2018.
European stocks achieved their longest weekly winning streak for more than three years on Friday as M&A activity added to an advance on the back of a busy earnings season. Shares traded in a narrow range, ...
Everyone comes away with something from the tussle for Swiss adhesives maker Sika AG. In December 2014, the Burkard family agreed to sell a 16 percent stake in Sika to French customer Cie. de Saint-Gobain SA. The Sika board and other shareholders were furious. Worse, the transaction was hatched in secret, even though the Burkards sit on Sika's board.
PARIS/ZURICH (Reuters) - Swiss adhesives maker Sika has repelled a hostile takeover bid from Saint-Gobain in a $3.2 billion deal that gives the French company a minority stake but may make Sika a more attractive target for others. Under the transaction announced on Friday, Saint-Gobain dropped its plan to wrest control of Sika via a minority stake that carried extra voting rights. Instead, Saint-Gobain gets a 10.75 percent holding.
Guillaume Texier, chief financial officer at Cie de Saint-Gobain, discusses the company's deal with Sika. He speaks with Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)
Cie. de Saint Gobain SA, Swiss adhesives maker Sika AG and its founding family unveiled a complex accord Friday to end a protracted Swiss legal dispute. Under the terms, the heirs behind Sika sold their entire 17 percent stake for 3.22 billion francs ($3.21 billion) to Saint Gobain, which will give up the special voting rights that were at the heart of the conflict with other Sika shareholders and management. Sika in turn bought an almost 7 percent holding from Saint Gobain, a French supplier of building materials.
Investors pursuing a solid, dependable stock investment can often be led to Compagnie de Saint-Gobain SA. (ENXTPA:SGO), a large-cap worth €24.45B. Risk-averse investors who are attracted to diversified streams ofRead More...
How far off is Compagnie de Saint-Gobain SA. (ENXTPA:SGO) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stockRead More...
Well-received results from Spanish banks and a recovery among tech stocks buoyed European shares in early trading on Friday, setting them up for their fifth week of gains in a row. The pan-European STOXX 600 index was up 0.2 percent and on track for its longest winning streak in terms of weekly gains since last September, while Germany's DAX rose 0.8 percent.
The most recent earnings update Compagnie de Saint-Gobain SA.’s (ENXTPA:SGO) released in December 2017 indicated that the company gained from a robust tailwind, eventuating to a double-digit earnings growth ofRead More...
Based on Compagnie de Saint-Gobain SA.’s (ENXTPA:SGO) earnings update in December 2017, the consensus outlook from analysts appear fairly confident, as a 14.03% increase in profits is expected in theRead More...
May.11 -- Guillaume Texier, chief financial officer at Cie de Saint-Gobain, discusses the company's deal with Sika. He speaks with Francine Lacqua on "Bloomberg Surveillance."