Saint-Gobain’s new strategic plan, ‘Lead & Grow’, aims to drive profitable growth with €12bn allocated for investments and acquisitions until 2030. The company will focus on maintaining leadership positions, expanding in high-growth countries, and investing in construction chemicals.

Financial targets include mid-single-digit sales growth, EBITDA margin between 15% and 18%, operating margin above 11.0% by 2025, return on capital employed above 13%, and free cash flow conversion ratio exceeding 50%. The company plans to return €8bn to shareholders through dividends and share buybacks.

Chair and CEO Benoit Bazin stated the plan will elevate growth, profitability, and value creation. Saint-Gobain expects North America, Asia-Pacific, and emerging economies to contribute 60% of sales in the long term. Solutions for new construction, renovation, and infrastructure applications are being developed.

Read more at Yahoo Finance: Saint-Gobain sets profitability and sales targets under ‘Lead & Grow’ plan