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Geberit AG — Earnings Release 2022
Nov 3, 2022
885_rns_2022-11-03_cbd09c61-f375-4deb-bed5-6b444ffe0468.html
Earnings Release
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Ad hoc announcement pursuant to Art. 53 LR
Geberit AG / Key word(s): Quarter Results
Good results after nine months
03-Nov-2022 / 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.
In a continued demanding environment in the first three quarters of 2022, the Geberit Group posted good results. Net sales increased by 1.4% to CHF 2,725 million. Adjusted for highly negative currency effects, the increase was 8.2%. Following record results in the previous year, operating cashflow decreased by 14.2% to CHF 767 million, which corresponds to an operating cashflow margin of 28.1%. Net income decreased by 17.1% to CHF 541 million – with a return on net sales of 19.9%. For 2022 as a whole, Management expects mid to high single-digit growth in net sales in local currencies and an EBITDA margin of around 27%.
Read more on: www.geberit.com/mediarelease . Please visit our website www.geberit.com for additional information.
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End of Inside Information
1478051 03-Nov-2022 CET/CEST