07.05.2024 07:00:05 - dpa-AFX: EQS-News: Good results in local currencies in a continued difficult market environment (english)
Good results in local currencies in a continued difficult market environment
Geberit AG / Key word(s): Quarter Results
Good results in local currencies in a continued difficult market environment
07-May-2024 / 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.
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The Geberit Group posted good results in a once again very challenging
environment in the first quarter of 2024. A slight decline in volumes and an
operating profitability that remained at a high level characterised the
first three months of the year. Net sales decreased by 6.2% to CHF 837
million. Adjusted for currency effects, the decrease was 1.4%. Operating
cashflow (EBITDA) reached CHF 275 million, which corresponds to a decrease
in the EBITDA margin of 30 basis points to 32.8% compared to the previous
year. Earnings per share fell by 9.9% to CHF 5.73.
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.
News Source: Geberit AG
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End of Inside Information
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1896945 07-May-2024 CET/CEST