{"id":897,"date":"2018-05-03T06:59:40","date_gmt":"2018-05-03T06:59:40","guid":{"rendered":"https:\/\/www.engenhariacivil.com\/pro\/?p=897"},"modified":"2018-05-03T07:00:06","modified_gmt":"2018-05-03T07:00:06","slug":"gigante-de-produtos-sanitarios-geberit-cresce-11-7-para-823-milhoes-de-francos-suicos","status":"publish","type":"post","link":"https:\/\/www.engenhariacivil.com\/pro\/gigante-de-produtos-sanitarios-geberit-cresce-11-7-para-823-milhoes-de-francos-suicos-20180503065940897","title":{"rendered":"Gigante de produtos sanit\u00e1rios Geberit cresce 11.7% para 823 milh\u00f5es de francos su\u00ed\u00e7os"},"content":{"rendered":"

Quarterly report as of 31 March 2018<\/strong><\/p>\n

 <\/p>\n

Successful first quarter with strong earnings growth<\/strong><\/p>\n

 <\/p>\n

Geberit AG, Rapperswil-Jona, 3 May 2018<\/strong><\/p>\n

 <\/p>\n

The Geberit Group has got off to a good start in 2018. Sales increased by 11.7% to CHF 823
\nmillion in the first quarter of 2018. Adjusted for currency effects, the increase came to 4.7%.
\nOperating cashflow rose by 12.1% to CHF 245 million.
\nIn the first quarter of 2018, sales for the Geberit Group increased by 11.7% to CHF 823 million. This
\nincludes positive currency effects of CHF 51 million. The increase in local currencies was 4.7%. In the
\nyear-on-year comparison, a positive \u2013 although still mixed \u2013 environment in the construction industry
\nas well as successful market cultivation by Geberit led to this positive sales growth.
\nIn currency-adjusted terms, Europe grew by 4.2%, America by 3.1% and Middle East\/Africa by 2.8%.
\nThe region Far East\/Pacific posted double-digit growth of 30.1%. In the product areas, sales in local
\ncurrencies increased by 6.5% in Installation and Flushing Systems, 4.0% in Piping Systems and 3.4%
\nin Bathroom Systems.
\nIn comparison with previous years, the operating cashflow (EBITDA) will no longer be impacted by
\none-off costs related to the Sanitec acquisition in 2018. For better comparability, adjusted figures will
\nonly be shown for operating profit and net income, as well as for earnings per share. EBITDA
\nincreased by 12.1% to CHF 245 million, which corresponds to an EBITDA margin of 29.8% (adjusted
\nEBITDA margin in 2017: 29.7%). Adjusted operating profit (adj. EBIT) increased by 12.7% to CHF
\n215 million, which corresponds to an adjusted EBIT margin of 26.1% (previous year 25.9%). The
\nincreased year-on-year operating results were above all attributable to higher sales volumes and
\ncontinuous enhancements in efficiency, while higher raw material prices as well as tariff- and
\ncapacity-related higher personnel expenses had a negative impact. In line with the increase in the
\noperating results, the adjusted net income rose by 12.9% to CHF 183 million, with an adjusted return
\non net sales of 22.2% (previous year 22.0%). Adjusted earnings per share grew by 13.4% to CHF
\n5.00 (previous year CHF 4.41).
\nOne-off costs arising from the Sanitec acquisition\/integration amounted to CHF 9 million as regards
\nEBIT and CHF 7 million as regards net income.
\nThe forecasts for the current year have not changed significantly since the announcement of the full-
\nyear results for 2017 last March. The situation in the construction industry should be generally
\nfavourable in 2018. However, the individual regions\/markets and construction sectors will perform
\ndifferently. In Europe, the recovery should continue. However, despite healthy demand, in Germany
\nthe limited installation capacity might remain a bottleneck for growth. A favourable market
\nenvironment is expected for Austria, France and the Benelux Countries. The construction industry in
\nSwitzerland should remain stable at a high level. In the Nordic Countries, the situation for the
\nindividual countries is expected to be mixed, with a simultaneous slackening of the growth dynamic.
\nThe Eastern European markets are also predicted to perform differently, with a positive environment
\nexpected in Poland and a stabilisation anticipated in Russia, for example. An easing of the market
\nenvironment is expected in Italy, whereas a downward trend is foreseeable in the United Kingdom as
\na result of Brexit. In North America, a moderate recovery is predicted in the institutional construction
\nindustry \u2013 which is important to Geberit \u2019 s business in the USA \u2013 along with growth in residential
\nconstruction. In the Far East\/Pacific region, the Chinese residential construction sector has been
\nperforming better since the beginning of the second half of 2017. The construction industry in
\nAustralia is expected to stagnate and the business climate in India is likely to become more
\nchallenging. In terms of the Middle East\/Africa region, the Gulf States should recover. However, the
\nconstruction market in South Africa is likely to stagnate. Fluctuations in the Swiss francs compared to
\nthe other important currencies used by the Geberit Group will have virtually no impact on operating
\nmargins due to natural currency hedging. Raw material prices are set to continue to rise in the second
\nquarter of 2018, which will lead to figures in the first half of 2018 as a whole exceeding those of the
\nprior-year period. This will mainly be driven by higher prices for industrial metals and also for plastics.
\nIn 2018, the objective of the Geberit Group is to perform strongly across the entire sanitary product
\nbusiness and in all markets and, as in previous years, to gain market shares.<\/p>\n

 <\/p>\n

About Geberit<\/strong>
\nThe globally operating Geberit Group is a European leader in the field of sanitary products. Geberit operates with a
\nstrong local presence in most European countries, providing unique added value when it comes to sanitary
\ntechnology and bathroom ceramics. The production network encompasses 30 production facilities, of which 6 are
\nlocated overseas. The Group is headquartered in Rapperswil-Jona, Switzerland. With around 12,000 employees in
\naround 50 countries, Geberit generated sales of CHF 2.9 billion in 2017. The Geberit shares are listed on the SIX
\nSwiss Exchange and have been included in the SMI (Swiss Market Index) since 2012.<\/p>\n","protected":false},"excerpt":{"rendered":"

Quarterly report as of 31 March 2018   Successful first quarter with strong earnings growth   Geberit AG, Rapperswil-Jona, 3 May 2018   The Geberit Group has got off to a good start in 2018. Sales increased by 11.7% to CHF 823 million in the first quarter of 2018. Adjusted for currency effects, the increase […]<\/p>\n","protected":false},"author":1,"featured_media":898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/posts\/897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/comments?post=897"}],"version-history":[{"count":2,"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/posts\/897\/revisions"}],"predecessor-version":[{"id":900,"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/posts\/897\/revisions\/900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/media\/898"}],"wp:attachment":[{"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/media?parent=897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/categories?post=897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.engenhariacivil.com\/pro\/wp-json\/wp\/v2\/tags?post=897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}