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Key figures

Sharp upswing in 2010 Results

Against the backdrop of a global economy still recovering from the crisis, the Group returned to growth in 2010, reporting a 1.9% increase in like-for-like sales (comparable Group structure and exchange rates). This performance was driven by robust momentum in emerging countries and Asia and by vigorous trading in industrial markets.

Against this backdrop, Saint-Gobain resolutely implemented all of its action plan priorities and outperformed each of its targets.
The Group's operating margin widened sharply, up to 7.8% of sales from 5.9% in 2009. In the second half, the operating margin came in at 8.1%, outperforming its second-half 2008 level (7.6%).
The Group delivered a sharp upswing in its results, driven in particular by the significant cost savings achieved over the past few years.

 

 

In million euros 2009 2010
 
Net sales 37,786 40,119
Operating income 2,216 3,117
Reccuring Net income (1) 617 1,335
Reccuring Earnings per share (in €) 1.20 2.51
Net income 202 1,129
Earnings per share (in €) 0.39 2.13
Cash flows from operations 2,303 3,004
Capital expenditure 1,249 1,450
 
Number of shares 512,931,016 530,836,441
Share price high (in €) 40.650 40.540
Share price low (in €) 16.650 27.810
Closing price for the year 38.070 38.500

 

 
Workforce (at December 31) 198,713 189,193
(1)Excluding capital gains and losses, asset write-downs and the provision for Flat Glass fines (European Commission).