EQS-Adhoc: Very strong results after nine months
The Geberit Group posted very strong results in the first nine months of 2021. Overall, net sales increased by 18.8% to CHF 2688 million. Adjusted for currency effects, the increase was 17.0%. Operating cashflow increased by 23.1% to CHF 894 million, which corresponds to a significant increase in the operating cashflow margin of 120 basis points. Net income increased by 29.6% to CHF 653 million, with a return on net sales of 24.3%. For 2021 as a whole, Management expects growth in net sales in local currencies of between 12 and 14% and an EBITDA margin of 30 to 31%.
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