Geberit Group: Information on the first half-year results 2019 Donnerstag, 15. August 2019 - 07:00
MEDIA RELEASE
Information on the first half-year results 2019
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.
Don't hesitate to contact us for any other inquiries.
Yours sincerely,
Roman Sidler
Head Corporate Communications & Investor Relations
Geberit AG
Schachenstrasse 77, CH-8645 Jona
T: +41 55 221 69 47
F: +41 55 221 67 47
geberit.information@geberit.com
http://www.geberit.com
About Geberit
The globally operating Geberit Group is a European leader in the field of sanitary products. Geberit operates with a strong local presence in most European countries, providing unique added value when it comes to sanitary technology and bathroom ceramics. The production network encompasses 29 production facilities, of which six are located overseas. The Group is headquartered in Rapperswil-Jona, Switzerland. With around 12,000 employees in around 50 countries, Geberit generated sales of CHF 3.1 billion in 2018. The Geberit shares are listed on the SIX Swiss Exchange and have been included in the SMI (Swiss Market Index) since 2012
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