|Bid||507.50 x N/A|
|Ask||0.00 x N/A|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||0.81|
|PE ratio (TTM)||25.86|
|Forward dividend & yield||12.50 (2.37%)|
|Ex-dividend date||19 Apr 2022|
|1y target est||N/A|
ZURICH (Reuters) -Geberit expects 2023 to be "challenging" for Europe's building and construction industry, Chief Executive Christian Buhl said on Thursday, after the Swiss plumbing products supplier reported a drop in full-year sales. Rising interest rates, a focus on upgrading heating rather than sanitation systems to counter rising energy prices and the end of a trend for home improvement projects that caught on during the COVID-19 pandemic were negative factors, he said. Geberit earlier said sales fell 2% to 3.39 billion Swiss francs ($3.70 billion) as wholesalers ran down stocks to skirt price rises.
Geberit AG / Key word(s): Annual Results19-Jan-2023 / 07:00 CET/CESTRelease of an ad hoc announcement pursuant to Art. 53 LRThe issuer is solely responsible for the content of this announcement.Taking into account the records set in the previous year, the Geberit Group posted good currency-adjusted net sales growth of 4.8% in a demanding environment. Net sales in Swiss francs decreased by 2.0% to CHF 3,392 million. For 2022 as a whole, Management expects an EBITDA margin of around 27%. The finan
Geberit's (VTX:GEBN) stock is up by 5.4% over the past three months. Given that the market rewards strong financials in...