AI assistant
Geberit AG — Earnings Release 2024
Jan 16, 2025
885_rns_2025-01-16_8300beb0-31da-48a3-8328-ec018b0976b5.html
Earnings Release
Open in viewerOpens in your device viewer
Ad hoc announcement pursuant to Art. 53 LR
Geberit AG / Key word(s): Annual Results
Sales growth despite strong decline in market environment
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.
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.
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 Inside Information
2068639 16-Jan-2025 CET/CEST