Sales growth significantly above market development

The Geberit Group achieved convincing results in the first nine months of 2025 despite the continuing challenging environment. The 2025 financial year to date was marked by a pleasing increase in volumes, significant currency losses and operating margins that remained at the previous year’s level (excluding one-off costs for the closure of a plant). Net sales increased by 2.0% to CHF 2,448 million. Adjusted for currency effects, the increase was 4.4%. Operating cashflow (EBITDA) amounted to CHF 753 million, with an EBITDA margin of 30.8%; the decline in the margin by 60 basis points is entirely due to the aforementioned one-off costs. Earnings per share fell by 0.8% to CHF 15.01; excluding the one-off costs, this would have resulted in a currency-adjusted increase of 6.7%. For 2025 as a whole, Management expects net sales growth in local currencies of around 4.5% and an EBITDA margin of around 29%.

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