Geberit AG : Volumes back to positive territory in Q4
>Q4 sales marked a positive turning point for volumes - This morning the group published Q4 sales of CHF 694m, up 4.1%. On constant forex, sales grew by 8.3% over the quarter, well ahead of the 3.5% expected by ODDO BHF and the +4% forecast by the consensus. For the full year, the group posted a decline of -4.8% vs guidance for a mid-single digit decline.In Q3, the group indicated that sales had improved in October and that Q4 sales would show less negative ...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.
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