Geberit AG (GEBN.S)
Tue, Mar 13 2018
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
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ZURICH, Oct 31 Geberit expects its full-year sales to rise by 3 percent, the low end of its previous guidance, the plumbing supplies maker said on Tuesday while reporting weaker-than-expected sales in the third quarter.