Saint-Gobain has just learned of the decision of the General Court of the European Union to reduce from €880 million to €715 million the fine imposed by the European Commission in the case concerning the automotive glass industry in Europe for acts dating back to the late 1990s and early 2000s.
The initial amount of the penalty, and the interest relating thereto, is fully provisioned in the group’s accounts.
Saint-Gobain will examine the terms of the General Court’s judgment to decide on the action it intends to take on this issue.
Saint-Gobain recalls that respect for the rules on antitrust law is an obligation that applies to all group employees. The principle of 'zero tolerance' is regularly reiterated by General Management and remains an absolute requirement.