Geberit AG (OTCPK:GBERF)

$ 615.2 0 (0%) Market Cap: 19.66 Bil Enterprise Value: 21.19 Bil PE Ratio: 28.89 PB Ratio: 14.59 GF Score: 82/100

Q3 2019 Geberit AG Earnings Call Transcript

Oct 31, 2019 / 08:00AM GMT

Release Date Price: $498.02

Transcript

Operator

Good morning. I am the entity operator for this conference. Welcome to the Geberit Conference Call on the Third Quarter Results 2019. (Operator Instructions) And the conference is being recorded. (Operator Instructions) This call must not be recorded for publication or broadcast.

At this time, I would like to turn the conference over to Mr. Christian Buhl, CEO; accompanied by Mr. Roland Iff, CFO; and Mr. Roman Sidler, Head of Corporate Communications and Investor Relations. Please go ahead, sir.

Christian Buhl

Geberit AG - Chairman of the Group Executive Board & CEO

Thank you for the introduction. Good morning, ladies and gentlemen, and welcome to our 9 months results conference call. I will start with the third quarter key figures and then comment on 9 months development.

Geberit achieved very good results in the third quarter with a strong top line growth and an excellent profitability supported by a weaker comparison basis from the third quarter last year and 1 additional working day this year.

Sales increased by 1.8% to CHF

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