Q1 2019 Geberit AG Earnings Call Transcript
Good morning. I am the Arkadin operator for this conference. Welcome to the Geberit's Conference Call on the First 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.
Thank you for the introduction. Good morning, ladies and gentlemen, and welcome to our conference call. Geberit had a successful start into the year 2019, with a good sales growth and a strong improvement of the profitability in the first quarter 2019. We generated a sales growth of 0.9% to CHF 830 million. Sales in local currencies grew by 3.6%.
The operating cash flow grew by 6.8% to CHF 262 million, corresponding to an EBITDA margin of 31.6% and an increase of 180 basis
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