0549 GMT - Saint-Gobain posted a good start to the year, with first-quarter revenue ahead of consensus estimates, JP Morgan analysts say in a research note. The French building-materials company posted revenue 1% ahead of views. The analysts revise estimates slightly lower on account of foreign exchange rates, but say the risks are skewed to the upside on 8volume and pricing expectations. Like-for-like expectations increase to 1.7% from 1.5% with potential upside, they add. "Overall we would expect a positive share-price reaction," JP Morgan says. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
April 25, 2025 01:49 ET (05:49 GMT)
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