Geberit AG
Very strong results after nine months
Geberit AG / Key word(s): 9 Month figures The Geberit Group posted very strong results in the first nine months of 2021. Overall, net sales increased by 18.8% to CHF 2688 million. Adjusted for currency effects, the increase was 17.0%. Operating cashflow increased by 23.1% to CHF 894 million, which corresponds to a significant increase in the operating cashflow margin of 120 basis points. Net income increased by 29.6% to CHF 653 million, with a return on net sales of 24.3%. For 2021 as a whole, Management expects growth in net sales in local currencies of between 12 and 14% and an EBITDA margin of 30 to 31%. Read more on: www.geberit.com/mediarelease. Please visit our website www.geberit.com for additional information. Don't hesitate to contact us for any other inquiries. End of ad hoc announcement |