Robert Gardiner's questions to COMPAGNIE DE SAINT GOBAIN (CODYY) leadership • Q1 2021
Question
Robert Gardiner from Davy Group asked for a breakdown of the drivers behind the increased cost inflation forecast of EUR 600-700 million. He also inquired about the nature and impact of supply chain disruptions mentioned in the report.
Answer
CFO N. Sreedhar detailed that the inflation is broad-based, attributing it roughly in thirds to chemicals/metals, oil-related costs/transportation, and other raw materials like paper and gypsum. He acknowledged supply challenges from the Texas winter storm and chip shortages but stated that the new local organization has managed the situation effectively with minimal impact on business so far.