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Financials
Three float companies issue third quarter reports
Saint-Gobain sales up 5.5 percent in first nine months
Sales reached $46.4 billion for France’s Saint-Gobain in the first nine months of 2007, up 5.5 percent from the $43.9 billion during the same period last year, according to an Oct. 23 company release. The company’s flat glass segment led growth with sales increasing 11.7 percent from the same period last year.
Energy-efficiency regulations boosted demand for building products in Europe, offsetting slower construction activity in the United States, according to the release … read more
Sales up for Vitro in third quarter
Officials from Mexican glassmaker Vitro SA de CV announced sales increased 7.1 percent in the third quarter. However, earnings before interest, taxes, depreciation and amortization fell $11 million, or 10.5 percent, according to an Oct. 26 company release.
A disruption in the natural gas supply caused the drop in EBITDA, company officials say … read more
PPG posts record $2.8 billion in sales for third quarter
Coatings, optical and specialty product businesses all brought in record sales for PPG Industries, Pittsburgh, boosting its third quarter revenue to a record high. The sale of weaker performing automotive glass and fine chemicals businesses also contributed to the company's net earnings... read more
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