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Geberit AG (GEBN.S)

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Latest Key Developments (Source: Significant Developments)

Geberit Nominates Bernadette Koch For Election To Board Of Directors
Tuesday, 12 Mar 2019 02:10am EDT 

March 12 (Reuters) - Geberit AG ::THE BOARD OF DIRECTORS OF GEBERIT AG WILL NOMINATE BERNADETTE KOCH FOR ELECTION TO THE BOARD OF DIRECTORS AT THE 2019 GENERAL MEETING.  Full Article

Geberit Mid Term Sales Growth Target Of 4 To 6 Percent Is Still Valid, No Guidance Yet For 2018
Thursday, 18 Jan 2018 03:25am EST 

Jan 18 (Reuters) - Geberit Ag ::GEBERIT CEO SAYS SEES FAVOURABLE CONSTRUCTION MARKET EUROPE IN 2018.GEBERIT CEO SAYS EXPECTS DECLINING CONSTRUCTION MARKET IN BRITAIN IN 2018.GEBERIT CEO SAYS RAW MATERIAL PRICES ARE EXPECTED TO BE ABOVE Q4 2017 DUE TO HIGHER PLASTIC AND METAL PRICES.GEBERIT CEO SAYS WILL HAVE HIGHER THAN NORMAL ANNUAL PRICE INCREASE IN SWITZERLAND DUE TO WEAKER SWISS FRANC.GEBERIT CEO SAYS DOES NOT EXPECTS ANY MATERIAL IMPACT FROM CARILLION COLLAPSE IN BRITAIN.GEBERIT CEO SAYS MID TERM SALES GROWTH TARGET OF 4 TO 6 PERCENT IS STILL VALID, NO GUIDANCE YET FOR 2018.  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 04:46am EDT 

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 appoints Martin Ziegler head of operations
Monday, 4 Sep 2017 12:14pm EDT 

Sept 4 (Reuters) - Geberit AG :Geberit AG: the board of directors of Geberit AG has appointed Martin Ziegler as the new head of operations and a member of the group executive board .  Full Article

UPDATE 1-Toilet maker Geberit sees tough 2019 on Italy, Brexit woes

BERLIN, March 12 Geberit on Tuesday said it expected 2019 to be challenging amid Brexit woes and political uncertainty in Italy, as the Swiss toilet and plumbing supplies maker posted a 5.6 percent fall in fourth-quarter profit.