Geberit AG / CH0030170408
17.01.2024 - 07:00:11Sales growth in the fourth quarter
| Geberit AG / Key word(s): Annual Results 17-Jan-2024 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. In an extraordinarily difficult environment with a declining building construction industry in Europe, the Geberit Group recorded a currency-adjusted decline in net sales of 4.8% in 2023. Net sales in Swiss francs decreased by 9.1% to CHF 3,084 million. Despite the decline in sales, Management expects an EBITDA margin of 30% for full-year 2023. The financial statements and annual report for 2023 will be released on 13 March 2024. Read more on: www.geberit.com/mediarelease. Please visit our website www.geberit.com for additional information. Don't hesitate to contact us for any other inquiries. End of Inside Information |
