Geberit rises after 'surprisingly strong' Q2 revenue growth

Geberit AG

19/08/2026 09:06

** Shares in Geberit GEBN.S rise about 7% to the top of Europe's STOXX 600 index .STOXX after its Q2 results beat expectations, overcoming higher raw material costs with price hikes and cost cuts
** The Swiss plumbing materials supplier's Q2 sales rise by 6.6% to 838 million Swiss francs ($1.03 billion) beating Zuercher Kantonalbank's forecast of 807 million Swiss francs
** Growth is "surprisingly strong", the broker says
** "Despite continued macro uncertainties affecting the building construction industry, the outlook is slightly improving and growth guidance marginally ahead of our and consensus expectations," Vontobel says
** Geberit expects FY local-currency sales growth of 5%-6%, with a stable EBITDA margin
** The shares are set for the best day since November 2023
** Including Wednesday's gains, the stock is still down 8.5%​ YTD
     
($1 = 0.8107 Swiss francs)

(Reporting by Isabela Kruczynska)
((Isabela.Kruczynska@thomsonreuters.com))