Geberit AG : After an excellent Q2 2021, prospects are beginning to normalise
>An excellent Q2 2021, boosted by expectations of price hikes in July - Geberit published last week its Q2 2021 results (see our First Take of 19 August). Sales were up 34.1% at constant currency (consensus 23.9%). Beyond the favourable base effects, the group also benefited from a stockpiling effect due to expectations of price hikes in early July (+3.5% on 60% of sales after +1.5% generated in April). However, this impact could not be quantified by the group.§r...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.