Geberit AG / Key word(s): Half Year Results
Good results in the first half of 2022
18-Aug-2022 / 06:59 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
The Geberit Group posted good results in a continued challenging environment in the first half of 2022. Net sales increased by 5.5% to CHF 1,934 million. Adjusted for highly negative currency effects, the increase was even 11.3%. Operating cashflow decreased by 10.4% to CHF 561 million, which corresponds to an operating cashflow margin of 29.0%. Net income decreased by 12.5% to CHF 402 million, with a return on net sales of 20.8%. For 2022 as a whole, Management expects high single-digit growth in net sales in local currencies and an EBITDA margin of around 28%.
Read more on: www.geberit.com/mediarelease. Please visit our website www.geberit.com for additional information. The halt-year report is available on geberit.com/halfyearreport.
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Geberit AG is the European leader in designing, manufacturing, and marketing sanitary systems intended for the construction and building renovation sectors. Net sales break down by family of products as follows:
- sanitary plumbing systems (38.3%): complete installed sanitary systems (showers, bathtubs, toilets, bidets, sinks, urinals, etc.), ball-valves, trigger plates, flush tanks, siphons, etc.;
- sanitary ceramic products (31.2%);
- pipe systems (30.5%): systems and conduits made of stainless steel, carbon steel, and copper, for draining water from buildings and roofs, distributing water and gas, etc.
At the end of 2021, the group had 26 production sites worldwide.
Net sales are distributed geographically as follows: Switzerland (9.5%), Germany (31.3%), Eastern Europe (10.1%), Nordic Countries (9.6%), Benelux (8.4%), Italy (6.8 %), Austria (6.2%), France (5.4%), the United Kingdom and Ireland (3.1%), Iberian Peninsula (0.8%) and other (8.8%).
GEBERIT AG 
