Plumbing supplier Geberit raises outlook, boosting shares

Geberit AG

04/11/2025 08:06

** Shares in Geberit GEBN.S rise around 3% after the Swiss sanitary systems maker slightly raised its full-year outlook and beat consensus expectations for Q3 sales

** Analysts at JPMorgan says the guidance compares favourably to peers who reported a touch weaker volumes

** Q3 sales were 1% ahead of consensus at CHF 783 million ($987.27 million), despite the challenging construction market

** "Operating margins remain best in class," Vontobel says

** Still, Vontobel adds the high valuation and strong stock performance YTD limit its short-term potential

($1 = 0.7931 Swiss francs)

 (Reporting by Bernadette Hogg)

 ((bernadette.hogg@thomsonreuters.com))