Saint-Gobain Full-Year Report 2022

Group Performance

Like-for-like sales rose 13.3%. This performance – supported by strong momentum in all our segments with double-digit organic growth in each – was driven by the Group’s worldwide leadership in light and sustainable construction.

Leveraging the added value offered by its solutions and its dynamic local organization as close to its customers as possible, Saint-Gobain was able to protect its operating margin, generating a positive price-cost spread over 2022 as a whole and in each half of the year, thanks to a 14.6% price increase overall (13.8% increase in the second half against a higher comparison basis). This agility enabled the Group to effectively manage energy and raw material cost inflation, which represented about €3 billion in 2022 versus 2021.

EBITDA climbed 15% to a new record high of €7,123 million (up 53% compared to 2018). EBITDA includes €262 million in non-operating costs.