Edition:
United States

Geberit AG (GEBN.S)

GEBN.S on Virt-X Level 1

385.80CHF
12 Dec 2018
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Tue, Oct 30 2018

UPDATE 2-Geberit warns trade tensions dampen outlook for building industry

* Says fundamentals solid for building sector, no overall decline

BRIEF-Geberit sees building industry uncertainty driven by global trade war fears

* GEBERIT CEO SAYS SEES NO SIGNS OF BROAD DOWNTURN IN BUILDING INDUSTRY

Geberit more cautious about building industry, lowers sales outlook

ZURICH, Oct 30 Geberit lowered its full year sales outlook, the shower toilet and plumbing supplies maker said on Tuesday, saying it was seeing slightly more cautious conditions in the building industry.

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.

UPDATE 1-Geberit expects European construction recovery to continue

ZURICH, Aug 14 Geberit said it still expects the recovery in the European construction market to continue as the plumbing supplier on Tuesday reported a near two-thirds increase in second quarter earnings.

Plumbing supplier Geberit's Q2 profit rises 64 percent

ZURICH, Aug 14 Geberit reported a near two thirds increase in second quarter earnings on Tuesday as the Swiss plumbing supplier overcame higher raw materials prices for plastics and industrial metals it uses in its products.

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