Geberit AG : Although Q1 2020 sales showed good resilience, orders in March reflect a double-digit decline
>Surprise publication of Q1 2020 sales yesterday and COVID-19 update - Geberit reported yesterday, outside the planned schedule, its Q1 2020 sales (see our Equity Flash of Monday, 6 April for more details). The group posted sales growth of 1.5% at constant currency (cc). The group recapped on the impact of COVID-19 and stated that it cannot, at this stage, provide a forecast on the trends in the construction market. On 10 March, the group was still expecting the ...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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