In an extraordinarily difficult environment with a declining building construction industry in Europe, the Geberit Group recorded a currency-adjusted decline in net sales of 4.8% in 2023. Net sales in Swiss francs decreased by 9.1% to CHF 3,084 million. Despite the decline in sales, Management expects an EBITDA margin of 30% for full-year 2023. The financial statements and annual report for 2023 will be released on 13 March 2024.

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