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Geberit AG

ISIN: CH0030170408

WKN: A0MQWG

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Geberit AG · ISIN: CH0030170408 · Newswire (adhoc)

Land: Schweiz · Primärmarkt: Schweiz · EQS NID: 1816399

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17 Januar 2024 07:00AM

Sales growth in the fourth quarter

Geberit AG / Key word(s): Annual Results
Sales growth in the fourth quarter

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

1816399 17-Jan-2024 CET/CEST

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