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GEBN — Geberit AG News Story

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Consumer CyclicalsConservativeLarge CapHigh Flyer

Switzerland's Geberit annual net sales rise on product expansion

Overview

Switzerland sanitary products supplier's annual net sales rose 2.5%, net income stable yr/yr

Operating margin slightly lower due to one-off plant closure costs

Free cashflow increased 7.4% for the year

Outlook

Company did not provide specific guidance for the current quarter or full year

Result Drivers

NEW PRODUCTS - Co said newly introduced products contributed to sales growth

MARKET EXPANSION - Broad-based growth in markets supported sales increase

EFFICIENCY IMPROVEMENTS - Efficiency gains helped offset margin pressure from one-off plant closure costs

Company press release: ID:nEQ642dska

Key Details

MetricBeat/MissActualConsensus Estimate
FY Net IncomeCHF 598 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 8 "hold" and 8 "sell" or "strong sell" The average consensus recommendation for the construction supplies & fixtures peer group is "buy." Wall Street's median 12-month price target for Geberit AG is CHF591.00, about 4.8% above its March 11 closing price of CHF563.80 The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 31 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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