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Geberit AG (GEBN.S)

GEBN.S on Virt-X Level 1

428.70CHF
17 Aug 2018
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Tue, Aug 14 2018

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.

BRIEF-Geberit Has Seen No Impact From U.S. Sanctions On Rusal On Aluminium Prices

* GEBERIT CEO SAYS HAS SEEN NO IMPACT FROM U.S. SANCTIONS ON RUSAL ON METALS PRICES DURING Q1

UPDATE 1-Geberit expects raw material prices to weigh in Q2

ZURICH, May 3 Shower toilet and plumbing supplies maker Geberit overcame rising raw material prices during its first quarter to report operating profit in line with expectations.

BRIEF-Geberit CEO says company feels Brexit uncertainty on non residential projects

* GEBERIT CEO SAYS COMPANY HAS FELT UNCERTAINTY IN BRITAIN DUE TO BREXIT, HAS LED TO DELAYS IN NON RESIDENTIAL PROJECTS

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

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.

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