Latest news for Geberit (OTC:GBERF) Stock

Geberit is a leading manufacturer of sanitary products, which include flushing systems, piping systems and bathroom ceramics. Products are primarily sold through the wholesale channel. Geberit has an extensive history in sanitary products, having filed a patent for its first flushing mechanism in 1912. The company generates sales in 50 countries and operates 26 production plants, the majority of which are in Europe. Geberit shares are listed on the SIX Swiss Exchange. The majority of sales are generated from residential and renovation activities.

News

Intraday Update

Markets

Movers

Trading Ideas

AAPL

AAVXF

ACLS

ADBE

AFGC

AHEXY

AHFD

AINV

AIQUY

ALAC

AMGN

ANSLY

APAM

AQUA

ARES

ARGX

ARNC

ASBFY

ASGN

ASMIY

ASML

ATLKY

AUDC

BABA

BAESF

BAESY

BCLYF

BNPQY

BNTGF

BNTGY

BRPM

BTDPY

BVXV

CARO

CATWF

CBGPY

CBSH

CCGGY

CDMO

CEBUY

CGGYY

CKNHF

CMRE

CODYY

COHU

CRAI

CRARY

CRHCF

CRUS

CSTM

CTIC

CTON

DGDM

DIOD

DKILY

DPSGY

DRNA

DRTGF

DRUNF

DSDVY

DSKIF

DSNKY

Stocks That Hit 52-Week Highs On Friday

Earnings

GBERF

Geberit Posts Increase In Profit

Geberit AG

Geberit: No Positive Catalysts On The Horizon And Shares Look Fairly Valued (Rating Downgrade)

GBERY

Geberit

Geberit AG (OTC: <a class="ticker" href="/stock/gberf#OTC">GBERF</a>) reported a rise in its second-quarter profit.

The Switzerland-based company's net income attributable to shareholders rose to 130.8 million Swiss francs, versus 114.4 million francs, in the year-ago period. Its earnings per share surged to 3.48 francs, versus 3.04 francs.

Its sales jumped to 617.9 million francs compared to 591.1 million francs. Revenue from sales rose to 535 million francs from 516.4 million francs.

Geberit's operating profit jumped to 152.4 million francs versus 133.6 million francs, while operating margin widened to 24.7% from 22.6%.

Its earnings before interest, tax, depreciation and amortization (EBITDA) climbed to 171.8 million francs from 153.9 million francs.

For the first half, Geberit's net income rose 16.9% to 272.7 million francs, while sales increased 7.1% to 1.26 billion francs. In local currencies, the company's sales jumped 8.6%.

Geberit's sales in Europe jumped 8.4% on a currency-adjusted basis, while sales in America climbed 5.5%, Sales in the Middle East/Africa surged 16.6%, while sales in Far East/Pacific jumped 11.7%.

Geberit projects 2014 currency-adjusted sales to rise at the upper end of the medium-term target range of 4% to 6% and an operating cashflow margin slightly above the earlier year's level.

As of the end of June 2014, The Geberit Group employed 6279 people worldwide.

Comments

Geberit

News

Latest news for Geberit (OTC:GBERF) Stock

Friday, December 13, 2019

Tuesday, August 12, 2014

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga