Eric A. Lemarié's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership • Q1 2021
Question
Eric A. Lemarié of Bryan, Garnier & Co inquired about the risk of a slowdown in renovation spending once the pandemic subsides, asked for an update on the Grenfell Tower inquiry, and questioned what new niche technologies the company might be interested in acquiring.
Answer
Pierre-Andre de Chalendar expressed confidence that the renovation trend will continue, driven by homeworking, strong customer order backlogs, and emerging green deal stimulus. Regarding Grenfell, both he and CFO N. Sreedhar stated there was 'no news to report.' On technology acquisitions, he mentioned they look at adjacencies and that more details would be provided in October.