Geberit AG

Earnings Release • Aug 19, 2021

News Details

Ad-hoc | 19 August 2021 06:59

Exceptionally strong results in the first half of 2021

Geberit AG / Key word(s): Half Year Results

19-Aug-2021 / 06:59 CET/CEST

Release of an ad hoc announcement pursuant to Art. 53 LR

The issuer is solely responsible for the content of this announcement.

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The Geberit Group posted exceptionally strong results in the first half of 2021. Overall, net sales increased by 24.9% to CHF 1833 million. Adjusted for currency effects, the increase was 22.6%. Operating cashflow increased by 35.5% to CHF 626 million, which corresponds to an increase in the operating cashflow margin of 270 basis points. Net income increased by 46.1% to CHF 460 million, with a return on net sales of 25.1%. For 2021 as a whole, Management expects a low double-digit growth in net sales in local currencies and an EBITDA margin at the upper end of the medium-term target range of 28% to 30%.

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.

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End of ad hoc announcement

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