Sign in

    Nabil Ahmed

    Research Analyst at Barclays PLC

    Nabil Ahmed's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership

    Nabil Ahmed's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership • Q1 2021

    Question

    Nabil Ahmed of Barclays PLC requested an update on how the COVID-19 situation in India was affecting operations and asked about the potential for labor shortages to constrain growth, particularly in the French renovation market.

    Answer

    CFO N. Sreedhar described the situation in India as challenging but noted it has had a 'very limited impact on the business' so far, expressing confidence in a strong bounce-back. Pierre-Andre de Chalendar acknowledged that labor shortages exist to some extent but said the customer workforce is growing to meet demand, and the company is able to accommodate the strong growth.

    Ask Fintool Equity Research AI

    Nabil Ahmed's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership • Q3 2020

    Question

    Nabil Ahmed inquired about the pricing environment in Europe for businesses like Flat Glass, the strategic implications of reducing the syndicated credit facility for M&A and buybacks, and the status of the company's disposal pipeline.

    Answer

    CFO N. Sreedhar highlighted that price is a focus everywhere, noting a 4% sequential price improvement in glass from Q2 to Q3. CEO Pierre-André de Chalendar stated that maintaining a strong balance sheet remains the priority. Regarding disposals, they confirmed the pipeline of ideas is strong but execution has been slowed by COVID, and work continues on finding a partner for a French B2C business.

    Ask Fintool Equity Research AI

    Nabil Ahmed's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership • H1 2019

    Question

    Nabil Ahmed from Barclays questioned the more cautious outlook for the Americas, the sustainability of the high HPS margin into the second half, and the reason for accelerating the Transform & Grow savings target for the year.

    Answer

    CEO Pierre-André de Chalendar and COO Benoit Bazin attributed the Americas caution to difficult gypsum pricing in North America and macro weakness in Latin America. The CEO affirmed the HPS margin level is sustainable. CFO Sreedhar explained the savings target was increased because teams executed the transformation plan faster than initially projected.

    Ask Fintool Equity Research AI