Saint-Gobain rolls out new action plan in light of falling flat glass sales, income
Saint-Gobain officials reported operating income for its flat glass segment plunged 79.3 percent in the first half of 2012 compared to the prior-year period, with flat glass sales retreating 6.5 percent. The manufacturer expects a “measured rise in its sales prices” throughout the coming year, according to a July 26 release. Saint-Gobain also will roll out new “cost-cutting measures,” particularly in its flat glass segment. Officials said the measures would primarily focus on its European operations.