Earnings release
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MEDIA RELEASE Ad hoc announcement pursuant to Art . 53 LR Half - year Report as of 30 June 2026 Very strong second quarter of 2026 GEBERIT Geberit AG , Rapperswil - Jona , 19 August 2026 The Geberit Group achieved excellent results in the first six months of 2026 in a continuing challenging environment . The first half of 2026 was marked by significant volume growth , a sharp increase in direct material prices , sales price increases and substantial currency losses , as well as operating margins that remained at the previous year's level . Net sales increased by 5.9 % adjusted for currency effects and in Swiss francs by 2.8 % to CHF 1,711 million . Operating cashflow ( EBITDA ) increased by 3.0 % and amounted to CHF 529 million , with an EBITDA margin of 30.9 % . Earnings per share increased significantly by 7.9 % to CHF 11.09 ; after currency adjustments , the increase came to 10.9 % . For 2026 as a whole , Management expects growth in net sales in local currencies of 5 to 6 % and an EBITDA margin around the prior - year level . Net sales In the first half of 2026 , net sales for the Geberit Group increased in Swiss francs by 2.8 % to CHF 1,711 million . Adjusted for negative currency effects of CHF 53 million , the increase came to 5.9 % . This increase was driven primarily by significant volume growth , while positive price effects also contributed . The volume growth was due to an improved market environment in Europe as well as strong demand for Geberit products in most regions and across all three product areas . This growth was supported by both established and important new products . Net sales in the second quarter reached CHF 838 million , which is equivalent to an increase in Swiss francs of 6.6 % compared to the same quarter in the previous year . Adjusted for currency effects , this corresponded to an even more pronounced increase of 8.8 % . This meant that the ninth consecutive quarter ended with positive currency - adjusted sales growth . Despite the very challenging market environment , average growth over the last nine quarters amounted to 5 % , almost entirely due to higher volumes . Net sales by markets and product areas Currency - adjusted net sales growth by market in the first half of the year was broadly based . In Europe as a whole , currency - adjusted growth amounted to 5.6 % . Significant growth was achieved in Eastern Europe ( + 11.8 % ) , Switzerland ( + 9.7 % ) , Italy ( + 6.9 % ) , Benelux ( + 6.7 % ) , Northern Europe ( + 6.1 % ) and Austria ( + 6.0 % ) . Germany ( + 3.6 % ) also recorded growth . In contrast , there was a slight decline in Western Europe ( -0.4 % ) due to ongoing market weaknesses in France and United Kingdom / Ireland . Outside Europe , the Middle East / Africa region recorded significant growth of + 18.9 % despite the negative impact of the conflict in the Middle East . The Far East / Pacific region also posted pleasing growth of + 6.5 % despite the continuing decline in the market in China . At -5.0 % , America remained below the previous