Final results for 2004
FINAL RESULTS FOR 2004:
Confirmation of the figures published at the end of January 2005
> STRONG GROWTH IN OPERATING PERFORMANCE
- Sales up 8.2% to EUR 32,025 million,
- Operating income up 7.8% to EUR 2,632 million,
up 10.3% at constant exchange rates*.
On a like-for-like basis:
- Sales up 4.6%
- Operating income up 8.1%
> NET INCOME EXCLUDING CAPITAL GAINS UP BY 10%, to
EUR 1,122 million
> FURTHER DECREASE IN NET DEBT, to EUR 5.6 billion.
DIVIDEND FOR 2004 recommended for approval by the AGM:
EUR 1.28 per share, up 11.3%.
2005 TARGETS CONFIRMED:
> to achieve 6% growth in operating income at constant exchange
rates (average 2004 exchange rates) and based on comparable
accounting standards.
> to maintain strong free cash flow levels.
(*) based on average 2003 exchange rates
At its meeting of Thursday March 24, 2005, the Board of Directors of Saint-Gobain
reviewed the Group’s consolidated financial statements for 2004.
Confirmation of the figures published at the end of January 2005
> STRONG GROWTH IN OPERATING PERFORMANCE
- Sales up 8.2% to EUR 32,025 million,
- Operating income up 7.8% to EUR 2,632 million,
up 10.3% at constant exchange rates*.
On a like-for-like basis:
- Sales up 4.6%
- Operating income up 8.1%
> NET INCOME EXCLUDING CAPITAL GAINS UP BY 10%, to
EUR 1,122 million
> FURTHER DECREASE IN NET DEBT, to EUR 5.6 billion.
DIVIDEND FOR 2004 recommended for approval by the AGM:
EUR 1.28 per share, up 11.3%.
2005 TARGETS CONFIRMED:
> to achieve 6% growth in operating income at constant exchange
rates (average 2004 exchange rates) and based on comparable
accounting standards.
> to maintain strong free cash flow levels.
(*) based on average 2003 exchange rates
At its meeting of Thursday March 24, 2005, the Board of Directors of Saint-Gobain
reviewed the Group’s consolidated financial statements for 2004.