UPDATE 1-Saint-Gobain to cut costs after H1 slump

Newswire

* Cost-cuts of 500 mln eur in 2012, 750 mln in full year * Sees H2 operating income slightly lower than H1 * No plans for significant site closures in France * Net profit down 34 pct to 506 mln euros (Adds details, CEO comments from conference call) PARIS, July 26 (Reuters) - Building materials group Saint-Gobain announced a fresh cost-cutting plan to save 750 million euros in the next year as it reported declining first-half ...

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