Geberit AG Reports Sales Results for the Fourth Quarter and Full Year of 2012; Provides Earnings Guidance for the Year 2012
For the full year, the company generated sales of CHF 2.19 billion, corresponding to an increase of 3.1% in Swiss francs or a growth of 4.5% in local currencies. Accumulated currency losses totaled around CHF 30 million.
The company provided earnings guidance for the year 2012. The EBITDA margin is forecasted between 24% and 25%. The CapEx should be around CHF 95 million and tax rate around 14%.