Report
Delphine Brault ...
  • Quentin Borie

Geberit AG : In a depressed market, Geberit continues to invest and strengthen its franchise

>Business outside Europe: small in scale, but generating growth - During a dinner organised with the top management, the latter detailed the group's ambitions for countries outside Europe. Note that the group generated nearly 89% of its sales in Europe in 2023. While countries outside Europe account for just over 10% of sales (€ 349m), they should contribute to a quarter of the 3 points of outperformance targeted each year on average compared to the sanitary ware mark...
Underlying
Geberit AG

Geberit is a supplier of sanitary technology products. Co. develops, produces and distributes sanitary products and systems for the residential and commercial new construction and renovation markets. Co.'s product range consists of: the Sanitary Systems product area with the Installation Systems, Cisterns & Mechanisms, Faucets & Flushing Systems and Waste Fittings & Traps product lines; and the Piping Systems product area with the Building Drainage Systems and Supply Systems product lines. Co.'s products are sold through the wholesale channel to in more than 120 countries.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

Quentin Borie

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