DJ Record sales growth in 2021
Geberit AG / Key word(s): Annual Results Record sales growth in 2021 13-Jan-2022 / 06:59 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement.
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In 2021, the Geberit Group achieved the strongest sales growth since going public in 1999, despite the challenging operational environment. Net sales in Swiss francs rose by 15.9% to CHF 3460 million compared with the previous year. In currency-adjusted terms, growth of 14.7% was posted. Also compared with the pre-COVID-19 year of 2019, exceptionally strong growth in local currencies of 16.4% was recorded. In terms of results, Management expects an operating cashflow margin of around 31% for the business year 2021. The financial statements and annual report for 2021 will be released on 9 March 2022.
Read more on: www.geberit.com/mediarelease. Please visit our website www.geberit.com for additional information.
Don't hesitate to contact us for any other inquiries.
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End of ad hoc announcement
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1268148 13-Jan-2022 CET/CEST
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January 13, 2022 01:00 ET (06:00 GMT)