Geberit AG Reports Sales Growth Amidst Market Challenges

Geberit AG has announced a currency-adjusted net sales increase of 2.5% in 2024, despite a notable downturn in the European building construction market. The company's net sales stabilized at CHF 3,085 million in Swiss francs, maintaining parity with the previous year due to adverse currency shifts.

Management anticipates the EBITDA margin for 2024 to be slightly lower than the prior year. These figures highlight the company's resilience in a challenging market environment. The full financial statements and the annual report for the year 2024 are scheduled for release on March 6, 2025.

For further details, the full announcement is available at Geberit's official website.