--- title: "Supplier Saint-Gobain Hikes Building-Materials Prices on Higher Costs" type: "News" locale: "en" url: "https://longbridge.com/en/news/283869857.md" description: "Saint-Gobain, a building-materials supplier, is increasing prices due to rising costs and declining volumes, particularly in North America, where a harsh winter has delayed construction. The company reported a 2.3% drop in first-quarter sales to €11.1 billion ($13 billion), with an 11% decrease in North America. Despite these challenges, planned price hikes are expected to maintain profit margins above 15% for the year. Saint-Gobain anticipates improved conditions in North America and Europe in the latter half of the year." datetime: "2026-04-23T16:55:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283869857.md) - [en](https://longbridge.com/en/news/283869857.md) - [zh-HK](https://longbridge.com/zh-HK/news/283869857.md) --- # Supplier Saint-Gobain Hikes Building-Materials Prices on Higher Costs By Joshua Kirby Building-materials supplier Saint-Gobain said it is raising prices as costs rise and volumes slide, with demand in North America hit by a harsh winter that led contractors to put off new construction work. The French group said it announced price increases as early as last month to some customers amid a renewed spike in inflation, especially in energy and raw materials. That should allow a "slightly positive" price-cost spread for the year, Saint-Gobain said in a release Thursday. For the year's first quarter, sales were down 2.3% on year at 11.1 billion euros ($13 billion), including an 11% drop in North America. New construction remained weak there after a cold and stormy winter forced a slow start to the year, Saint-Gobain said. European sales were also hit by poor weather, the company said. Still, the company said planned price increases should help it to keep its profit margin above 15% for the year as a whole. The company last year booked an earnings before interest, taxes, depreciation, and amortization margin of 15.5%, stable from a year earlier. Conditions in North America and Europe should meanwhile improve over the second half of the year, Saint-Gobain said. Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby (END) Dow Jones Newswires April 23, 2026 12:46 ET (16:46 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [CODYY.US](https://longbridge.com/en/quote/CODYY.US.md) ## Related News & Research - [Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY) Receives Average Recommendation of "Hold" from Analysts](https://longbridge.com/en/news/284551897.md) - [UBS Keeps Their Sell Rating on Compagnie de Saint Gobain (SGO)](https://longbridge.com/en/news/285212526.md) - [Critical Elements Reports High Grade Lithium, Tantalum and Cesium in The Last Holes of The Winter Drill Program | CRECF Stock News](https://longbridge.com/en/news/287201094.md) - [07:50 ETAvelo Airlines Extends its Charlotte / Concord Flight Schedule Through the Winter Holiday Season](https://longbridge.com/en/news/287058982.md) - [New Wildfire Code Spotlights Growing Market for Non-Combustible Building Materials like Xeriant’s NEXBOARD Platform | XERI Stock News](https://longbridge.com/en/news/287216404.md)