---
title: "Saint-Gobain Group H1 Results Announced: Growth Achieved Across All Regions in Q2, Outstanding Performance"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43298993.md"
description: "Shanghai, August 10, 2026 /PRNewswire/ -- The second quarter saw a 3.5% organic sales growth (0.7% for the first half), driven by contributions from all regions (Asia-Pacific up 7.0%, Europe up 4.1%, Americas up 0.9%) and accelerated growth in the chemical building materials segment, which achieved an organic growth of 8.5% (5.3% for the first half), showing impressive performance; operational execution was strong, with an EBITDA margin of 15.4%..."
datetime: "2026-08-10T06:06:36.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43298993.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43298993.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43298993.md)
author: "[News_Caijian](https://longbridge.com/en/profiles/13299296.md)"
---

# Saint-Gobain Group H1 Results Announced: Growth Achieved Across All Regions in Q2, Outstanding Performance

Shanghai, August 10, 2026 /PRNewswire/ --

-   **Achieved 3.5% organic sales growth in Q2 (0.7% for the first half of the year), driven by contributions from all regions** (Asia-Pacific +7.0%, Europe +4.1%, Americas +0.9%) **and accelerated growth in the Chemical Building Products business, which saw 8.5% organic growth in Q2** (5.3% for H1) **, showing outstanding performance;**
-   **Strong operational execution, with an EBITDA margin of 15.4% and a free cash flow conversion rate of 65%**;
-   **Strengthened the group's profitable growth portfolio,** having announced **approximately €3 billion in sales rotation** year-to-date through 14 business acquisitions and 9 divestitures, enhancing the group's footprint in Asia, emerging markets, and North America;
-   **Outlook confirmed**: Against a backdrop of diverging macroeconomic conditions and geopolitical uncertainty, the group expects its EBITDA margin to exceed 15.0% in 2026.

**Benoit Bazin, Chairman and CEO of the Group, stated:**

_"In the first half of 2026, we returned to growth across all regions, once again proving our ability to outperform the market in a contrasting environment. Sales growth was accompanied by excellent operational performance, thanks to the strengths of our local teams and everyone's full commitment, for which I would like to express my gratitude._

_Thanks to our unparalleled, comprehensive, innovative, and sustainable solution portfolio, we gained additional market share in the residential sector and established new footprints in non-residential and infrastructure markets. Our outstanding performance in the Chemical Building Products business is a perfect example. Furthermore, major transactions in the first half optimized the group's business structure: we completed business rotations accounting for 7% of sales in just six months, exceeding our targets._

_I firmly believe that as the first year of our 'Lead & Grow' strategic plan, 2026 will continue to create value for Saint-Gobain's shareholders and all stakeholders."_

**Deployment of the 'Lead & Grow' Strategic Plan**

Consistent with the objectives set by the 'Lead & Grow' strategic plan, the group has achieved the following significant progress:

**Based on differentiated 'star' flagship products, implementing a 'push-pull combined' solution strategy to drive sales growth across the group's entire product line.** To achieve performance 1 to 2 percentage points above the market, the group is accelerating cross-selling, specification-based sales, and high-value-added solution sales by leveraging its comprehensive and innovative solutions for residential, non-residential, and infrastructure markets:

-   **Cross-selling**: Countries are leveraging their strong local brands to expand product portfolios in collaboration with distributors. In the **United States**, the number of distribution outlets selling more than 6 Saint-Gobain products increased by 12% in H1. In **Eastern Europe**, cross-sales contributed approximately 1% additional growth in H1. In **Italy**, the proportion of customers purchasing products from more than 4 Saint-Gobain brands reached 49%, an increase of 3% in H1.  
      
    
-   **Specification-based sales**: Countries are advancing initiatives in specification-based sales. Thanks to cross-brand key account teams, **Latin America** increased its specification-based sales share by 1% in H1, reaching 10%. In the construction sector, **India** saw over one-quarter of its sales come from specifications, particularly by leveraging local expertise in building science and promoting sustainable building solutions to architects.  
      
    
-   **High-value-added sales**: **France** is utilizing comprehensive solutions focused on housing and school renovations to address high temperatures. High-value-added solutions currently account for 30% of the country's sales, and the value of the largest projects in the pipeline has increased by 10%. In **Germany**, 47% of solutions sold in H1 were high-value-added, such as the Pre.formance renovation solution for multi-family homes (achieving up to 85% energy savings). In **Spain**, high-value-added solutions also accounted for 47% of sales (e.g., Enveo lightweight curtain wall systems and solar control glass), an increase of 2 percentage points.

Thanks to targeted product development and successful bids for major projects in H1 **, the group expanded its business in non-residential and infrastructure sectors**:

-   **In the non-residential sector**: The group applied solutions to **healthcare facilities** (such as the Albert Einstein Medical Center in São Paulo, Brazil, integrating 35 Saint-Gobain solutions), **educational facilities** (with the launch of customized 'Summer Comfort' solutions, this segment now exceeds €1 billion in annual sales in Europe), **hospitality facilities** (providing a full suite of Saint-Gobain solutions for the Residency Signature hotel in Madurai, Tamil Nadu, India), and **industrial buildings** (the ESMC semiconductor plant in Dresden, Germany, currently the largest under construction in Europe). The group's project pipeline for **data centers** has significantly expanded, with **1,085 projects** currently at the stage of pending technical specifications across 32 countries, nearly double last year.  
      
    
-   **In the infrastructure sector**: Leveraging technological capabilities in chemical building products and a full range of certified solutions for extreme weather conditions, the group is gaining momentum in **tunnels** (such as the Orange Gate-Marine Twin project in Mumbai, India) and **bridges** (such as the Sazlıdere Bridge in Istanbul, Turkey, and bridge projects in Szczecin, Poland). In **airports**, Saint-Gobain secured multiple contracts, including the new terminal project at Singapore Changi Airport (initially based on waterproofing solutions, later expanding to the group's entire product range). Saint-Gobain also developed corresponding solutions for **energy infrastructure** (such as wind farms in Germany), **defense infrastructure** (such as air bases in Poland and the Czech Republic), and **transport infrastructure** (such as the expansion of Kariba Port in Jakarta, Indonesia).  
      
    
-   The group possesses an **enhanced profitable growth business structure**, having announced **approximately €3 billion in sales rotation** (including acquisitions or divestitures) year-to-date, representing one-third of the five-year target for sales rotation (over 20%).  
      
    
-   **Through strict capital allocation, the group's layout in high-growth markets has been further strengthened.** A total of **14 new factories and production lines** were opened in H1, along with targeted acquisitions in these areas, providing strong support for group growth (double-digit growth achieved in India, Vietnam, Indonesia, Eastern Europe, and Central America).

**Asia-Pacific: Strong overall sales growth in H1**

**In both Q2 and H1**, the Asia-Pacific region achieved **a solid 7.0% organic growth** (8.4% in local currency), with growth across all major countries and industrial solution businesses, demonstrating significant advantages in value-added and innovation. Driven by volume growth and favorable pricing and cost controls, the **EBITDA margin reached 18.5% in H1**, a historical high (18.0% in H1 2025).

Led by comprehensive, innovative, and sustainable solutions, **India** achieved **double-digit growth** again, expanding its market share. The group delivered **new projects in non-residential and infrastructure sectors**, such as the Mumbai-Ahmedabad High-Speed Rail Corridor and the Noida International Airport project, benefiting especially from the Fausseur business within Chemical Building Products.

**Southeast Asia** continued its positive momentum, with double-digit growth in Vietnam, Indonesia, and the Philippines. The region benefited from the expansion of technology-specified solutions for **infrastructure projects** (such as Singapore Changi Airport and the Philippines North-South Railway Project), improved sustainability performance of solutions (six factories in Vietnam received carbon neutrality certification), and **growth in data center business (with a current project pipeline of nearly 50)**.

**Australia** saw accelerated growth in Q2 against the backdrop of improving new construction markets. It benefited from its specification-based sales model and large projects, such as the Sydney The Macquarie Collection residential complex under construction.

**China** continued the growth trend since H2 2025, with performance once again exceeding expectations. The group's largest paper-faced gypsum board production base in Asia officially started operations in Kaiping, Guangdong. This factory, with a total investment of 400 million yuan and covering 120 mu, will produce 64 million square meters of paper-faced gypsum boards annually, significantly improving supply efficiency in the Greater Bay Area and laying a solid foundation for further business expansion.

**Strategic Key Tasks**

**In 2026, the group will focus on fully advancing the key tasks of the 'Lead & Grow' strategic plan:**

**1) Lead the market by 1 to 2 percentage points, because:**

-   Saint-Gobain's full range of solutions provides customers with high performance and sustainability;
-   National platforms built on local value chains. Local CEOs are responsible for optimization and fully accountable for business scope;
-   For various end markets (especially hotels, data centers, healthcare and educational facilities, transport infrastructure)
-   Develop customized solutions and equip dedicated teams to expand the footprint in non-residential and infrastructure sectors;
-   Saint-Gobain's leading industry position as a global leader in lightweight and sustainable building.

**2) Continue to pursue operational excellence to achieve the group's grand goals**: Maintain an EBITDA margin between 15% and 18% during 2026-2030, with a free cash flow conversion rate exceeding 50%, relying on productivity improvements and strict management of cost and price-cost spreads.

**3) Continue to optimize the group's business structure, combining acquisitions and divestitures to achieve a goal of asset rotation accounting for over 20% of sales by 2030.**

**4) Strict capital allocation to achieve growth and create value for shareholders:**

-   Investment focuses on consolidating leadership, high-growth countries, and the Chemical Building Products business;
-   Capital expenditure of approximately €2 billion in 2026;
-   Provide generous returns to shareholders, targeting regular per-share dividend growth and completing €2 billion in net stock buybacks between 2026 and 2030.

**2026 Outlook**

**Against a backdrop of diverging macroeconomic conditions and geopolitical uncertainty, the group expects sales to grow in H2 2026, with the following trends:**

-   Europe: Growth, with varying performance across countries;
-   Americas: Growth in an uncertain environment;
-   Asia-Pacific: Growth driven mainly by India and Southeast Asia.

**Saint-Gobain expects its EBITDA margin to exceed 15.0% in 2026.**