A bit up and down for Saint Gobain, but overall a rising trend over the past five years. Likewise for Pilks, with a general rising trend, that is until midway through this year, where there has been a sharp sell-off in shares. Putting the two performances side by side:
Charts credit: Bloomberg Business
The news is not good for Pilks unfortunately. Share prices are at their lowest for five years. Perhaps to be expected after a few years of posting losses. Not circumstances where people would be falling over themselves to invest. Happy reading for Saint Gobain however, in their 350th year in business.
How can they turn things around?
For me, Saint Gobain are on top because their product innovation is way ahead of the competition. A particular favourite of mine being Sage Glass. Once they have perfected the supply route to Europe and the UK, and a pricing point that UK home owners will be happy with, this product is going to change the game when it comes to glazed extensions.
SG have quietly gone about their business, building strength via an expansive product portfolio that has put them in a prime position in the global construction products market.
I think quality has to be the new focus for Pilks too. We sell products at our place using products from both glass makers, and I can say that Saint Gobain is coming out on top in the quality stakes.
What will 2016 hold for the two companies? Time will tell.
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