|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||635.40 - 646.20|
|52-week range||529.20 - 779.80|
|Beta (5Y monthly)||0.66|
|PE ratio (TTM)||28.93|
|Forward dividend & yield||11.40 (1.55%)|
|Ex-dividend date||16 Apr 2021|
|1y target est||N/A|
ZURICH (Reuters) -Geberit on Thursday reported its strongest annual sales growth in 22 years as customers stranded by the pandemic chose to improve their homes with its piping and bathroom products. The maker of ceramics, shower toilets and other construction supplies reported annual sales rising 16% to 3.46 billion Swiss francs ($3.78 billion). The sales growth was the strongest since the company went public in 1999.
Geberit AG / Key word(s): Annual Results13-Jan-2022 / 06:59 CET/CESTRelease of an ad hoc announcement pursuant to Art. 53 LRThe issuer is solely responsible for the content of this announcement.In 2021, the Geberit Group achieved the strongest sales growth since going public in 1999, despite the challenging operational environment. Net sales in Swiss francs rose by 15.9% to CHF 3460 million compared with the previous year. In currency-adjusted terms, growth of 14.7% was posted. Also compared wit
Geberit will introduce a second extraordinary price increase for its products during the fourth quarter to counter more expensive raw materials prices, Chief Executive Christian Buhl said on Wednesday. The Swiss plumbing supplies company had already raised prices for its products by 1.5% during its normal annual price increase in April, and had introduced an extraordinary increase of 2% in July. Geberit was now introducing a second extraordinary price rise of 1.5%, which would mean its products would now be 5% more expensive in January than they were a year earlier, Buhl told reporters after the company reported third-quarter results.