Following the success of its previous plan (Grow & Impact), Saint-Gobain, considered the worldwide leader in light and sustainable construction, has launched its new strategic plan, “Lead & Grow”. Holding the leading Number #1 positions in every region and its country-based operating model, well-adapted to its local markets and a deglobalized world, the Group is raising its profitable growth trajectory, targeting:
• Outperformance, owing to an unrivalled suite of solutions, delivering performance and sustainability for buildings and enabling the Group to increase its exposure to non-residential and infrastructure.
• A strategy focused on growth and value creation with: Around €12bn in growth capex and acquisitions over the period 2026-2030; Continued optimization of the Group’s profile with asset rotation expected to represent over 20 percent of sales by 2030.
• An ambitious financial trajectory over the period 2026-2030, with targets raised: Mid-single-digit sales growth on average in local currencies with market outperformance of 1 to 2 points; EBITDA margin between 15 percent and 18 percent; Free cash flow conversion ratio above 50 percent; ROCE above 13 percent.
• Attractive shareholder returns with around €8bn expected to be distributed in dividends and share buybacks by 2030.
Chairman and Chief Executive Officer Benoit Bazin commented: “As the worldwide leader in light and sustainable construction, Saint-Gobain is best positioned to address key challenges of the construction sector, owing to its full suite of innovative and sustainable solutions. Over the last few years, the Group has demonstrated the strength of its new profile and capacity for execution with its “Grow & Impact” plan. With “Lead & Grow”, the Group further elevates its trajectory for growth, profitability, and value creation for its shareholders and customers. In the current geopolitical context, Saint-Gobain benefits from the powerful operating model it has established and optimized country-by-country, based on local value chains. Thanks to the know-how and commitment of our teams, I am confident we will outperform in each geography and seize major opportunities: in Asia and high-growth countries driven by demographics and urbanization, in North America with strong structural needs, and in Europe with significant potential for recovery. We will also expand into new growth markets: in infrastructure, particularly thanks to our established leading position in construction chemicals, and in non-residential, where the Group holds key advantages. We are building the world of today and tomorrow with ambition and responsibility.”
Saint-Gobain boasts of unique offerings such as a comprehensive suite of solutions optimizing performance and sustainability for new construction and renovation, as well as for infrastructure. These include exterior solutions (roofing, façade, glazing), interior solutions (plasterboard partitions, insulation, ceilings), construction chemicals (waterproofing and sealing, mortars, adhesives and coatings for floors and walls, admixtures and additives for concrete and cement), as well as trade (including consulting, specification and digital services).
In terms of unique attributes, the group has a global addressable market worth approximately €500 billion with strong growth opportunities in both residential and non-residential as well as infrastructure. It benefits from a strong industrial footprint and is ideally positioned, country by country, to address key construction challenges in each main geographic area:
• Demographic growth and urbanization, especially in Asia and emerging countries;
• Jobsite productivity and energy-efficient renovation mainly in Europe, along with the adaptation of buildings and infrastructure to climate change, particularly in North America;
• Industrial re-shoring associated with deglobalization;
• Circular economy to address resource scarcity
