Saint-Gobain CEO predicts better year for company in 2010

07/6/2009 | Wall Street Journal, The

Pierre-Andre de Chalendar, the chief executive officer of Saint-Gobain, said the company will have a better year in 2010 than 2009. Chalendar predicts that the stimulus packages in China, the U.S. and Europe will boost sales at the French building materials group. Chalendar implemented a cost-savings plan this year and plans to hold off on any acquisitions in 2009.

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