Geberit Says Net Sales In The Third Quarter Reached CHF 783 Million
GEBERIT AG GEBN:
NET SALES IN THE THIRD QUARTER REACHED CHF 783 MILLION
9-MONTH EBITDA REACHED THE PREVIOUS YEAR’S LEVEL AT CHF 753 MILLION
THE IMPACTS OF THE US TARIFFS ARE NOT MATERIAL FOR GEBERIT
FOR 2025 AS A WHOLE, MANAGEMENT EXPECTS NET SALES GROWTH IN LOCAL CURRENCIES OF AROUND 4.5% AND AN EBITDA MARGIN OF AROUND 29%
9-MONTH NET INCOME DECREASED BY 1.2% TO CHF 494 MILLION
EBITDA MARGIN IN THE FOURTH QUARTER OF THE YEAR IS ALWAYS LOWER THAN IN THE FIRST THREE QUARTERS DUE TO SEASONAL FACTORS
DEMAND IN THE BUILDING CONSTRUCTION INDUSTRY HAS STABILISED OVERALL IN THE FIRST NINE MONTHS OF 2025
IN EUROPE, A SLIGHT DECLINE IN NEW CONSTRUCTION ACTIVITIES IS EXPECTED TO CONTINUE UNTIL THE END OF 2025
DECLINE SHOULD BE OFFSET BY A POSITIVE OUTLOOK FOR THE RENOVATION BUSINESS, WHICH ACCOUNTS FOR AROUND 60% OF GEBERIT’S SALES
Q3 EBITDA AT CHF 239.6 MILLION, UP 1.5%
OUTSIDE EUROPE, THE OUTLOOK FOR THE BUILDING CONSTRUCTION INDUSTRY IS MIXED
STRONG DEMAND IS FORECASTED IN SEVERAL MARKETS, SUCH AS INDIA AND THE GULF REGION
IN CHINA, DECLINE EXPECTED DUE TO CHALLENGING RESIDENTIAL CONSTRUCTION SECTOR