from Geberit AG (isin : CH0030170408)
Sales growth despite strong decline in market environment
Geberit AG / Key word(s): Annual Results
Sales growth despite strong decline in market environment
16-Jan-2025 / 07:15 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Despite a strong decline in the building construction industry in Europe, the Geberit Group was able to achieve a currency-adjusted increase in net sales of 2.5% in 2024. At CHF 3,085 million, net sales in Swiss francs remained practically constant compared to the previous year due to unfavourable currency developments. In terms of EBITDA margin, Management expects a value slightly below the previous year for full-year 2024. The financial statements and annual report for 2024 will be released on 6 March 2025.
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End of Inside Information
2068639 16-Jan-2025 CET/CEST