Geberit AG (GEBN.S)
23 May 2018
Thu, May 3 2018
* GEBERIT CEO SAYS HAS SEEN NO IMPACT FROM U.S. SANCTIONS ON RUSAL ON METALS PRICES DURING Q1
ZURICH, May 3 Shower toilet and plumbing supplies maker Geberit overcame rising raw material prices during its first quarter to report operating profit in line with expectations.
* GEBERIT CEO SAYS COMPANY HAS FELT UNCERTAINTY IN BRITAIN DUE TO BREXIT, HAS LED TO DELAYS IN NON RESIDENTIAL PROJECTS
ZURICH, March 13 Shower toilet and piping supplier Geberit reported better-than-expected net profit on Tuesday and said it expected the overall construction industry to be "generally favourable" this year. Its 2017 net profit fell 3.8 percent to 527.4 million Swiss francs ($556.5 million), ahead of expectations for 521 million francs in a Reuters poll of analysts, as it battled higher prices for raw materials. Geberit, whose results are seen as reflecting the health of the broader bu
ZURICH, March 13 Shower toilet and piping supplier Geberit reported better-than-expected net profit on Tuesday and said it expected the overall construction industry to be "generally favourable" this year.
ZURICH A shortage of qualified fitters and the use of cheaper installations in homes built for refugees in Germany weighed on Geberit's sales growth in 2017, the company said on Thursday.
* Sees no more impact from refugees homes in Germany (Adds CEO comments, analysts)
BRIEF-Geberit Mid Term Sales Growth Target Of 4 To 6 Percent Is Still Valid, No Guidance Yet For 2018
* GEBERIT CEO SAYS SEES FAVOURABLE CONSTRUCTION MARKET EUROPE IN 2018
ZURICH, Jan 18 Geberit boosted 2017 sales 3.5 percent, the shower toilet and plumbing products maker said on Thursday, helped by strong growth at the end of the year.