PARIS, April 26 French construction materials
group Saint Gobain reported an 8.8 percent rise in
first-quarter sales from a year ago and maintained its target
for higher operating profits this year on a like-for-like basis.
St Gobain, which is looking to buy a controlling stake in
Swiss construction chemicals maker Sika, said
first-quarter sales rose to 9.937 billion euros ($10.9 billion),
led by higher turnover in north America, Asia and western
According to a consensus compiled for Reuters by Inquiry
Financial, the mean forecast for first-quarter sales stood at
9.895 billion euros.
($1 = 0.9209 euros)
(Reporting by Sudip Kar-Gupta. Editing by Jane Merriman)