However,
Geberit partially swallows his ambitions:
Keystone-SDA
The equipment supplier of sanitary facilities Geberit moderates its growth ambitions for the current year. In addition, after a first semester less fruitful than expected. Consequently, The Saint-Gallois group tightens its profitability objective in the middle of the previously articulated corridor. – Geberit partially swallows his ambitions
(Keystone-ATS) The industrialist of Rapperswil-Jona has garnered a turnover of 1.67 billion francs over the first six of the year, up 1.6% over a year or 3.9% calculated in local currencies.
The raw operational margin (EBITDA) was eroded geberit partially swallows his ambitions with a seventy basic points (PB) at 30.9%, for a result relating to 0.8% to 514 million. Net profit melted from 3.1% to 339 million, lists a report released on Wednesday.
The consensus compiled by the AWP agency provided for a turnover of 1.68 billion, thanks to growth in local currencies of 4.3%. The EBITDA margin was expected 31.1%, for a related result of 523 million. Net profit was to be around 345 million.
The closure of a German ceramic factory generated exceptional costs of 17 million euros. weighed on the EBITDA margin up to 60 pb, explains the group in its publication.
Management now caps at the bottom of the 4 to 6% range its ambition of growth over the whole year. The EBITDA margin must stand around 29%, compared to 28 to 03% at the last score.
geberit partially swallows his ambitions — Geberit partially swallows his ambitions: Keystone-SDA The geberit partially swallows his ambitions equipment supplier of sanitary facilities. Geberit moderates its growth ambitions for the c.
Further reading: Wall Street Prudent before the results of big names in tech – Blondie supercar puts an insult to the Mercedes 300 SLR on sale – After the announcement of 39% customs taxes, job cuts are possible, according to an expert – Leapmotor launches an electric car at 139 euros/month, without eligibility condition – The Brussels-North station evacuated after the discovery of a suspicious package: the deminers neutralized the “case”.
