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News Saint-Gobain forecasts 40% year-on-year increase in turnover from Brazilian operations

Saint-Gobain forecasts 40% year-on-year increase in turnover from Brazilian operations

Written by Global Gypsum staff
07 January 2022
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Brazil: Saint Gobain has predicted a 40% year-on-year turnover increase from its Brazilian operations to US$2.63bn in 2021. It said that it expects demand for its products from civil construction to have accounted for 67% of its income for the year.

In 2021, Saint-Gobain invested a total of US$52.6m in its Brazilian operations, consisting of 56 sites. It aims to increase its total income by 15% in 2022 compared to 2021 levels. During the year, it plans to commission a new gypsum wallboard plant at Mogi das Cruzes in São Paulo.

Published in Global Gypsum News
Tagged under
  • SaintGobain
  • Forecast
  • Brazil
  • construction
  • demand
  • Plant
  • investment

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