Geberit AG (GEBN.S)
Tue, Aug 14 2018
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.
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.
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.
* GEBERIT CEO SAYS HAS SEEN NO IMPACT FROM U.S. SANCTIONS ON RUSAL ON METALS PRICES DURING Q1
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.