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    Michael Frederick Betts

    Research Analyst at Data Based Analysis

    Michael Frederick Betts's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership

    Michael Frederick Betts's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership • Q3 2021

    Question

    Michael Frederick Betts of Data Based Analysis asked if Saint-Gobain's wallboard price increases in the Americas matched a competitor's 33% hike, requested the size of the gypsum business, and questioned if being on product allocation delayed the implementation of price increases.

    Answer

    COO, CEO & Director Benoit Bazin confirmed their price increases were in the 'same ballpark' and that gypsum is a growing part of the North American business, though still less than half of sales. CFO Sreedhar N. explained that being on allocation actually creates a favorable pricing dynamic, as supply is tight across the industry. Bazin added that the lead time for price hikes has shortened to weeks, not months, eliminating any delay.

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    Michael Frederick Betts's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership • Q3 2020

    Question

    Michael Betts asked how much of the Americas' volume growth was driven by roofing, the sustainability of that growth into Q4, and for the latest estimate on full-year 2020 raw material and energy costs.

    Answer

    CFO N. Sreedhar confirmed roofing was a "biggest contributor" to Q3 Americas growth, along with Gypsum, and expressed optimism for Q4, contingent on the health situation. He estimated the full-year energy bill at around $1.1 billion, down from about EUR 1.25 billion in the prior year, with gas comprising 45% of the total.

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