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Convincing operating performance for Geberit in 2009
Very difficult market environment, construction industry hit hard by economic crisis
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Sales decline by 11.2% to CHF 2,181.2 million in Swiss Francs, -6.5% in local currencies
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Operating margins at record level
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Cost structure adapted to sales development, no restructuring
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Net income encumbered by extraordinary items fell by 14.8%
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Financial base further strengthened
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Large investment plans implemented on schedule
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Extensive new product launches in the Piping Systems area
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Shower toilet product range newly launched under the name Geberit AquaClean, targeted at end users
Outlook for 2010 not appropriate due to great uncertainty
Geberit Group well equipped for future challenges |