Earnings Release • Nov 3, 2021
Earnings Release
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News Details
Ad-hoc | 3 November 2021 07:00
Very strong results after nine months
Geberit AG / Key word(s): 9 Month figures
03-Nov-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
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
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