Geberit AG

Earnings Release • Jan 17, 2025

News Details

Ad-hoc | 16 January 2025 07:15

Sales growth despite strong decline in market environment

Geberit AG / Key word(s): Annual Results

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.

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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

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