Plumbing supplier Geberit says European new build market remains weak

Geberit AG

04/11/2025 06:14

ZURICH, Nov 4 (Reuters) - Geberit GEBN.S expects the slight decline in European construction projects to continue for the rest of 2025, the Swiss plumbing materials supplier said on Tuesday as it reported its third quarter figures.

Geberit, whose products include bathroom ceramics and toilets, said its sales rose 2.7% to 782.5 million Swiss francs  ($986.63 million) in the three months to the end of September.

The figure beat analyst forecasts for 770.5 million francs in a consensus compiled by Visible Alpha.

($1 = 0.7931 Swiss francs)

 (Reporting by John Revill, Editing by Miranda Murray)

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