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Geberit AG — Earnings Release 2022
Aug 18, 2022
885_rns_2022-08-18_894f567c-2f7c-4078-8144-be83c0b87c2f.html
Earnings Release
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Ad hoc announcement pursuant to Art. 53 LR
Geberit AG / Key word(s): Half Year Results
Good results in the first half of 2022
18-Aug-2022 / 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.
The Geberit Group posted good results in a continued challenging environment in the first half of 2022. Net sales increased by 5.5% to CHF 1,934 million. Adjusted for highly negative currency effects, the increase was even 11.3%. Operating cashflow decreased by 10.4% to CHF 561 million, which corresponds to an operating cashflow margin of 29.0%. Net income decreased by 12.5% to CHF 402 million, with a return on net sales of 20.8%. For 2022 as a whole, Management expects high single-digit growth in net sales in local currencies and an EBITDA margin of around 28%.
Read more on: www.geberit.com/mediarelease . Please visit our website www.geberit.com for additional information. The halt-year report is available on geberit.com/halfyearreport .
Don't hesitate to contact us for any other inquiries.
End of ad hoc announcement
1422869 18-Aug-2022 CET/CEST