Edition:
India

Geberit AG (GEBN.S)

GEBN.S on Virt-X Level 1

440.50CHF
15 Jun 2018
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Tue, Mar 13 2018

UPDATE 1-Geberit sees decent construction market in 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

UPDATE 2-German labour shortage, refugee factor weigh on Geberit sales growth

* Sees no more impact from refugees homes in Germany (Adds CEO comments, analysts)

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