Edition:
India

Geberit AG (GEBN.S)

GEBN.S on Virt-X Level 1

430.90CHF
18 Oct 2018
Change (% chg)

CHF-2.90 (-0.67%)
Prev Close
CHF433.80
Open
CHF436.50
Day's High
CHF436.50
Day's Low
CHF430.80
Volume
106,245
Avg. Vol
110,714
52-wk High
CHF475.60
52-wk Low
CHF405.60

Latest Key Developments (Source: Significant Developments)

Geberit CEO says company feels Brexit uncertainty on non residential projects
Tuesday, 13 Mar 2018 

March 13 (Reuters) - Geberit Ag ::GEBERIT CEO SAYS COMPANY HAS FELT UNCERTAINTY IN BRITAIN DUE TO BREXIT, HAS LED TO DELAYS IN NON RESIDENTIAL PROJECTS.GEBERIT CEO SAYS SEES ROBUST HOUSING CONSTRUCTION IN BRITAIN BUT SHRINKING NON RESIDENTIAL CONSTRUCTION.GEBERIT CEO SAYS DOES NOT SEE BREXIT AS A PROBLEM FOR COMPANY AS GETS ONLY 5 PERCENT OF SALES FROM BRITAIN.GEBERIT CEO SAYS CLARIFIES, SAYS BRITAIN IS ONLY FOUR PERCENT OF COMPANY'S SALES.GEBERIT SAYS SEES NO MORE RESTRUCTURING AND INTEGRATION COSTS ON EBITDA LEVEL.GEBERIT CEO SAYS SEES GROWTH COMING FROM RENOVATION RATHER THAN NEW BUILDINGS.GEBERIT CEO SAYS SEES NO REASON WHY GROWTH IN GERMANY SHOULD WEAKEN.GEBERIT CEO SAYS FEELS CALM ABOUT POSSIBLE U.S. PROTECTIONISM, COMPANY PRODUCES IN THE U.S..  Full Article

Geberit CEO says lower 2017 sales outlook does not affect mid-term sales guidance of 4 - 6 percent growth
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Geberit Ag :Geberit CEO says sees declining construction market in U.K driven by Brexit uncertainty hitting non-residential projects.Geberit CEO says fourth quarter will be challenging due to tough comparisons with q4 2016.Geberit CEO says doesn't plan any extraordinary price increases due to raw materials price rise.Geberit CEO says we don't expect a margin uplift in the fourth quarter.Geberit CEO says more positive on U.K. Residential sector than non residential sector in 2017.Geberit CEO says shortage of installers in Germany remains an issue, expects downselling problem to fade.Geberit CEO says lower 2017 sales outlook does not affect mid term sales guidance of 4 - 6 percent growth.Geberit CEO says would consider extraordinary price increase in Switzerland next year to deal with franc weakening.  Full Article

Geberit says installer bottleneck in Germany won't be solved this year
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Geberit Ag :Geberit CEO says expects raw material prices in 2017 to be substantially above previous year level.Geberit CEO says installer bottleneck problem in germany won't be resolved in next half year.Geberit CEO says had relatively good month in july, gives confidence for fy sales guidance.Geberit CEO says not planning extraordinary price increases due to higher raw material costs.Geberit CEO says weaker Swiss franc will not have relevant impact on margin in 2h.Geberit CFO says weaker swiss franc will help the company's bottom line.Geberit CEO says portfolio clean up and site network review is done.  Full Article

Geberit eyes price hikes in Turkey to counter currency devaluation

ZURICH, Aug 14 Swiss group Geberit will consider raising prices for its piping and plumbing products in Turkey to counter the massive recent devaluation of the Turkish lira, Chief Executive Christian Buhl said on Tuesday.