Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Geberit AG    GEBN   CH0030170408

GEBERIT AG

(GEBN)
  Report
Delayed Quote. Delayed Swiss Exchange - 05/29 11:30:10 am
467.3 CHF   -1.23%
04/30GEBERIT : Q1 2020 Results
PU
04/30LafargeHolcim sees recovery from coronavirus in second-half 2020
RE
04/30Information on the first quarter results 2020
TE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Geberit : Italy and eastern Europe help Geberit fourth quarter organic sales rise 1.9%

share with twitter share with LinkedIn share with facebook
share via e-mail
01/16/2020 | 01:47am EDT
Logo of shower toilet and plumbing supplies maker Geberit is seen in Rapperswil-Jona

Geberit reported a 1.9% increase in organic sales during its fourth quarter, the plumbing supplies company said on Thursday, helped by strong demand in eastern Europe and Italy.

The Swiss company, which makes piping and ceramic products for bathrooms, reported fourth-quarter sales of 702 million Swiss francs (558.19 million pounds), undershooting Refinitiv estimates of 713 million francs.

When converted to Swiss francs, the company's sales fell 1.1% from 710 million francs a year earlier.

For 2019 as whole Geberit's sales rose 0.1% to 3.08 billion francs, slightly short of forecasts for 3.09 billion francs. When adjusted for currency movements, its sales increased 3.4%, within its target range of 3-4%.

The company, which is due to report its full year earnings on March 10, said it expects an operating profit margin of around 29%, matching the outlook it gave at the end of October.

Germany, the company's biggest market, continued to be difficult with no sales growth during the fourth quarter as its economy slowed. Geberit, whose products are used in refurbishment and new-build projects, has also been struggling with a shortage of fitters in the country.

But better results came in Italy and eastern Europe, where currency adjusted sales rose during the fourth quarter by more than 7%.

In Britain sales fourth-quarter sales fell 1.2%. Last year the company warned of a slowdown in projects as builders became more cautious during the country's protracted departure from the European Union.

Separately on Thursday, Geberit said executive board member Egon Renfordt-Sasse would retire at the end of March and be replaced by company veteran Martin Ziegler as head of products and operations.

By John Revill

Stocks mentioned in the article
ChangeLast1st jan.
DEERE & COMPANY -0.68% 152.12 Delayed Quote.-11.60%
GEBERIT AG -1.23% 467.3 Delayed Quote.-13.97%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on GEBERIT AG
04/30GEBERIT : Q1 2020 Results
PU
04/30LafargeHolcim sees recovery from coronavirus in second-half 2020
RE
04/30Information on the first quarter results 2020
TE
04/30GEBERIT : Quarterly report as of 31 March 2020
PU
04/30GEBERIT : Information concerning the share buyback programme
PU
04/14GEBERIT : Minutes of the 21st General Meeting of Geberit AG
PU
04/06GEBERIT : First information on Q1 2020
PU
04/06GEBERIT AG : 1st quarter earnings
CO
04/03GEBERIT AG : Ex-dividend day for final dividend
FA
04/02GEBERIT : shareholders approve all proposals
AQ
More news
Financials
Sales 2020 2 754 M 2 863 M 2 863 M
Net income 2020 546 M 568 M 568 M
Net Debt 2020 435 M 452 M 452 M
P/E ratio 2020 30,5x
Yield 2020 2,36%
Capitalization 16 826 M 17 502 M 17 498 M
EV / Sales 2019
EV / Sales 2020 6,27x
Nbr of Employees 11 343
Free-Float 96,8%
Chart GEBERIT AG
Duration : Period :
Geberit AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GEBERIT AG
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Average target price 412,07 CHF
Last Close Price 467,30 CHF
Spread / Highest target 5,58%
Spread / Average Target -11,8%
Spread / Lowest Target -26,2%
EPS Revisions
Managers
NameTitle
Christian Buhl Chief Executive Officer
Albert M. Baehny Non-Executive Chairman
Martin Ziegler Head-Operations
Roland Iff Chief Financial Officer
Felix Klaiber Head-Technology & Innovation