Geberit AG : Q3 still solid, outlook normalising
>Solid Q3, helped by price increases notably - Geberit reported its Q3 2021 results yesterday (see our first take of 3 November). Revenues grew by 6.6% on constant forex (consensus at 5.5%), with 2.8% of price effect. The EBITDA margin came to 31.3%, a deterioration of 190bp (30.1% expected by the consensus). EBITDA reached CHF 268m, beating expectations by 5%. It mainly benefited from volumes and the mix (+70 pb), while price increases were not enough to co...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.