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Geberit Reports H1 Net Sales Decreased By 1.4% To CHF 1,638 Mln



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Aug 15 (Reuters) -Geberit AG GEBN.S:

  • CONVINCING RESULTS IN THE FIRST HALF OF THE YEAR

  • GEBERIT AG: H1 NET SALES DECREASED BY 1.4% TO CHF 1,638 MILLION, BUT ROSE IN CURRENCY-ADJUSTED TERMS BY 1.7%

  • GEBERIT AG: H1 OPERATING CASHFLOW (EBITDA) REACHED CHF 518 MILLION

  • GEBERIT AG: H1 EBITDA MARGIN FELL BY 10 BASIS POINTS TO 31.6%; IN LOCAL CURRENCIES, AN INCREASE OF 40 BASIS POINTS WAS GENERATED

  • GEBERIT AG - FOR 2024 AS A WHOLE, MANAGEMENT EXPECTS NET SALES IN LOCAL CURRENCIES TO BE AT PRIOR-YEAR LEVEL AND AN EBITDA MARGIN OF AROUND 29%

Source text for Eikon: ID:nEQ9SSFxfa

Further company coverage: GEBN.S


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