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Record sales growth in 2021

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0 0 13.01.22
Record sales growth in 2021: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/23986/Geberit-Logo.svg.png
 

Geberit AG / Key word(s): Annual Results
Record sales growth in 2021

13-Jan-2022 / 06:59 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

In 2021, the Geberit Group achieved the strongest sales growth since going public in 1999, despite the challenging operational environment. Net sales in Swiss francs rose by 15.9% to CHF 3460 million compared with the previous year. In currency-adjusted terms, growth of 14.7% was posted. Also compared with the pre-COVID-19 year of 2019, exceptionally strong growth in local currencies of 16.4% was recorded. In terms of results, Management expects an operating cashflow margin of around 31% for the business year 2021. The financial statements and annual report for 2021 will be released on 9 March 2022.

Read more on: www.geberit.com/mediarelease. Please visit our website www.geberit.com for additional information.

Don't hesitate to contact us for any other inquiries.


End of ad hoc announcement

1268148  13-Jan-2022 CET/CEST

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Geberit AG Stock

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