Christian Korth's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership • Q1 2021
Question
Christian Korth from HSBC requested a quantification of the pre-buying effect mentioned in the release and asked which specific product groups were experiencing particularly high demand within the European renovation market.
Answer
Pierre-Andre de Chalendar stated he was unable to precisely quantify the pre-buying effect but suggested it might be a 'couple of percent' and noted it was continuing in April. He explained that the strong renovation demand was very broad-based across the company's entire portfolio of manufacturing and distribution solutions, not concentrated in specific product groups.