Geberit: 2019 earnings up 3.3%

(CercleFinance.com) - The Swiss multinational group that manufactures and supplies sanitary parts and related systems Geberit has announced a +3.
3% increase in its 2019 earnings to 647 million Swiss francs.

It also posted growth in operating profit, which rose by 1.7% to 757 million Swiss francs, for an EBIT margin of 24.5% (compared to 24.2% in 2018). Meanwhile, consolidated revenues were pretty much flat (+0.1%), at 3.083 billion Swiss francs.

A dividend of 11.30 Swiss francs will be proposed at its next general shareholder meeting.


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