Geberit AG : The first signs of a slowdown in Europe are visible
>Volumes down 8% in Q3 2022 - Geberit yesterday morning published Q3 results that came in 14% below expectations for EBITDA (see our Flash). Sales were up 1.6% at constant exchange rates but volumes were down strongly by -8%. The EBITDA margin was 26.1%, down -520bp, with EBITDA coming in at CHF 206m.Conference call: prices, demand, destocking, margins, strategy - The takeaways from the conference call were as follows:Geberit announced a fr...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.