Saint-Gobain Cuts Profit Outlook as French Demand Weakens

  • Company trims 2015 capital expenditure by EU100 million
  • Saint-Gobain reaffirms plan to buy controlling stake in Sika

Cie. de Saint-Gobain SA, Europe’s biggest supplier of building materials, cut its full-year profit outlook and reduced investment plans on weak demand in France and slowing growth in Brazil.

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