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(AWP Alliance News) - Geberit AG on Tuesday reported an increase in third-quarter profit and maintained its annual guidance.
The Rapperswil-Jona, Switzerland-based sanitary parts manufacturer said net income climbed 6.4% to CHF166 million, around USD202.6 million, from CHF156 million a year earlier, as net sales rose 5.3% to CHF824 million from CHF783 million.
Geberit hailed growth in all product areas, with the strongest sales surge, at 6.3%, coming from its Piping Systems offering. In Installation & Flushing Systems, sales rose 4.9%, while in Bathroom Systems, they rose 4.5%.
Looking ahead, the company said it still expects net sales growth in local currencies of 5% to 6% for the whole of 2026.
Geberit also maintained its margin guidance. It still sees its 2026 earnings before interest, tax, depreciation and amortisation margin in line with 2025's level of 29.4%.
In the third quarter, the Ebitda margin declined on-year to 30.2% from 30.6%.
"Management sees Geberit as being well positioned to further expand its market position. This assessment is based on the stable and long-term strategy, the proven business model with strong customer relationships and the industry-leading financial stability," the company said.
Geberit shares fell 2.9% to CHF571.80 each in Zurich on Tuesday.
By Eric Cunha, Alliance News news editor
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