Geberit AG / Key word(s): Quarter Results
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%.
Don't hesitate to contact us for any other inquiries.
End of Inside Information