Switzerland's Geberit H1 sales rise on volume growth
Switzerland's Geberit H1 sales rise on volume growth
Overview
Switzerland sanitary products maker's H1 net sales rose 2.8%, with 5.9% currency-adjusted growth
H1 EBITDA rose 3.0% to CHF 529 mln; margin held steady despite higher material costs
Company expects 2026 local currency sales growth of 5-6% and stable EBITDA margin
Outlook
Geberit expects 2026 net sales growth in local currencies of 5-6%
Company sees 2026 EBITDA margin around prior-year level
Result Drivers
VOLUME GROWTH - Co said significant volume growth contributed to higher net sales in H1
SALES PRICE INCREASES - Higher sales prices helped offset increased material costs and currency losses
HIGHER MATERIAL COSTS - Co said sharp increase in direct material prices weighed on results
Company press release: ID:nEQbmTTSqa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Operating Cashflow |
| CHF 529 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 7 "hold" and 8 "sell" or "strong sell"
Wall Street's median 12-month price target for Geberit AG is CHF535.00, about 1.5% above its August 18 closing price of CHF527.00
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 27 three months ago
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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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