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Saint-Gobain shares rose after the company reported higher revenue for the first quarter, confirmed its full-year outlook and said it has no direct exposure to customs tariffs. Saint-Gobain recently paused the sale of its auto glass unit. Read more here.
The U.S. auto glass repair and replacement market is increasingly concentrated in some respects but highly fragmented outside of a few major players. Those major players have, in recent years, overtaken large shares of the market through mergers and acquisitions. … Continue reading