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• Good organic sales growth of 3.5% in Q2 (up 0.7% in H1), driven by all Regions (AsiaPacific up 7.0%, Europe up 4.1% and Americas up 0.9%) and by an acceleration in construction chemicals outperformance with 8.5% organic growth in Q2 (up 5.3% in H1)
• Strong operational execution, with an EBITDA margin of 15.4% and a free cash flow conversion ratio of 65% 
• Reinforcement of the Group’s profitable growth profile, with the rotation of around €3bn of sales announced year-to-date, increasing the Group’s exposure to Asia, emerging countries and North America (14 acquisitions and 9 disposals)
• Outlook confirmed: in a contrasted macroeconomic environment and uncertain geopolitical landscape, the Group expects an EBITDA margin of more than 15.0% in 2026

Benoit Bazin, Chairman and Chief Executive Officer of Saint-Gobain, commented:

“The first half of 2026 marked a return to growth across all our Regions and once again confirmed our ability to outperform our markets in a contrasted environment. Sales growth was accompanied by a very good operational performance thanks to the strength of our local organization and the commitment of our teams, who I wish to thank.
With our unrivalled range of comprehensive, innovative and sustainable solutions, we have captured market share in residential and new positions in non-residential and infrastructure. Our outperformance in construction chemicals is a perfect illustration. The first half was also shaped by major transactions to optimize the Group’s profile: with the rotation of 7% of sales in just six months, we are ahead of our objective.
I am confident that 2026 – the inaugural year of our ambitious “Lead & Grow” plan – will be another year of value creation for Saint-Gobain’s shareholders and all its stakeholders.”

Read the full report .