The Geberit Group posted good results in the first half of 2019. Overall, sales decreased slightly by 0.2% to CHF 1627 million in the first six months of the year. However, currency-adjusted sales improved by 3.1%. Operating cashflow increased by 3.3% to CHF 501 million, which corresponds to an improvement in the operating cashflow margin of 100 basis points. Net income rose by 0.9% to CHF 365 million - with an increase in return on sales of 20 basis points. For 2019 as a whole, Management expects to achieve currency-adjusted sales growth of 3 to 4% and an operating cashflow margin of 28 to 29%.
Read more on: http://www.geberit.com/mediarelease. Please visit our website www.geberit.com/en for additional information. The half-year report is available on https://geberit.com/halfyearreport.
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