Geberit AG : Little visibility at this stage, limited COVID-19 impact... so far
>2019 enabled a fresh increase in the EBITDA margin - The group yesterday reported results broadly in line with expectations. The EBITDA margin reached 29.3%, +110bp, compares with the guidance of “around 29%â€. Geberit benefited from a price effect of 1.4 points, a volume and mix effect of 0.8 points and an IFRS 16 impact of 0.6 points. Currencies sliced off 0.1 points and “other costs†-1.6 points (mainly wage inflation and marketing efforts).The group will prop...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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