Saint-Gobain

Segmental information - Compagnie de Saint-Gobain SA

Period End: 
31 December 2009
Period End Date: 
2009-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
2353 Building Materials & Fixtures
Auditor: 
PricewaterhouseCoopers

Compagnie de Saint-Gobain SA Period End 31 December 2009

Compagnie de Saint-Gobain SA Annual Report 2009
Impairment slices pre-tax profit by a third
French materials company Saint-Gobain recognises €215 million impairment on American assets, reducing pre-tax profit by 33% and disclosing that it has tested assets for impairment in both June and December 2009 with 2010 budget data replacing information from its business plan for the second test.