Saint-Gobain capital markets day and new strategic plan "Grow & Impact".

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Saint-Gobain is launching “Grow & Impact”, its new strategic plan designed to accelerate the Group’s profitable growth
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The Group is very well positioned on the structural growth markets of light and sustainable construction
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Thanks to its comprehensive range of solutions and its performance-driven local operating model, Saint-Gobain should outperform its underlying markets which are accelerating
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Saint-Gobain is a key player in the fight against climate change, aiming to maximize the positive impact that the Group brings to its customers while minimizing its own environmental footprint: - Sustainable solutions represent 72% of Group sales - Solutions sold by the Group in one year result in the avoidance of around 1,300 million tons of CO2 emissions over their lifespan
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The Group is setting new annual financial targets for 2021-20251 on average including accelerated profit and cash flow generation and attractive value creation for its shareholders:
- Organic sales growth of 3-5%2
- Operating margin of 9-11%
- Free cash flow conversion ratio above 50%
- ROCE of 12-15% - Annual dividend payout ratio representing 30-50% of recurring net income
- €2 billion share buyback program over the 2021-2025 period