Geberit AG (MEX:GEBN)

MXN 12362.23 0 (0%) Market Cap: 389.46 Bil Enterprise Value: 419.86 Bil PE Ratio: 28.89 PB Ratio: 14.59 GF Score: 69/100

Full Year 2020 Geberit AG Corporate Sales Call Transcript

Jan 14, 2021 / 08:00AM GMT

Transcript

Operator

Good morning. I am the Arkadin operator for this conference. Welcome to the Geberit Conference Call on the First Information 2020. (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.

Christian Buhl

Geberit AG - Chairman of the Group Executive Board & CEO

Thank you for the introduction. Good morning, ladies and gentlemen. Welcome to our full year sales conference call. We will first comment on our fourth quarter sales figures, then review our full year sales performance, followed by our guidance for the financial result in 2020 and finish with an outlook for Geberit this year.

I start with the fourth quarter. We recorded another strong quarter with a net sales growth of 6.8% in local currency, driven by a very strong November and

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