GEBERIT AG Good results in local currencies in a continued difficult market environment
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Geberit AG / Key word(s): Quarter Results 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 End of Inside Information |
1896945 07-May-2024 CET/CEST