Financials…The Geberit Group
The Geberit Group reported substantial increases in sales and earnings for the first quarter ended March 31. Sales were up by 14% in Swiss Francs or by 12.5% in local currencies. Net income increased by 36%. After currency adjustments and in organic terms, sales in Europe rose by 15.7% and in the Middle East/Africa region, by 33.8%. The East/Pacific region, which is more volatile, grew by 5.6%, and the America region, undergoing a restructuring process, grew by 4.3%. For more information, visit www.geberit.com.