+
Geberit Reports Flat Sales, Sees Stabilizing Demand
Real Estate

Geberit Reports Flat Sales, Sees Stabilizing Demand

Swiss building materials supplier Geberit reported flat sales for the full year, maintaining 3.085 billion Swiss francs ($3.38 billion) despite a challenging construction market marked by higher interest rates and economic uncertainty.

The company’s sales matched the previous year’s level, aligning with analyst forecasts compiled by Visible Alpha, which predicted 3.08 billion Swiss francs. When measured in local currencies, sales grew by 2.5%, surpassing Geberit's guidance of 1%-2%.

Sales for the fourth quarter fell by 1.3% year-on-year, totaling 685 million francs. Geberit’s products, which serve both new construction projects and renovations, offer a snapshot of the broader health of the construction industry.

Looking ahead, the company anticipates a slight decline in the new construction market for 2025, but expects a "slightly positive development" in the renovation sector, which comprises about 60% of its business. Geberit also predicts weaker demand in China due to a slowdown in new residential construction.

After navigating an “extremely challenging market environment” in 2024, Geberit expects a marginal decline in its full-year EBITDA margin and operating profitability when it reports results on March 6, projecting a margin slightly below last year’s 29.5%.

Swiss building materials supplier Geberit reported flat sales for the full year, maintaining 3.085 billion Swiss francs ($3.38 billion) despite a challenging construction market marked by higher interest rates and economic uncertainty. The company’s sales matched the previous year’s level, aligning with analyst forecasts compiled by Visible Alpha, which predicted 3.08 billion Swiss francs. When measured in local currencies, sales grew by 2.5%, surpassing Geberit's guidance of 1%-2%. Sales for the fourth quarter fell by 1.3% year-on-year, totaling 685 million francs. Geberit’s products, which serve both new construction projects and renovations, offer a snapshot of the broader health of the construction industry. Looking ahead, the company anticipates a slight decline in the new construction market for 2025, but expects a slightly positive development in the renovation sector, which comprises about 60% of its business. Geberit also predicts weaker demand in China due to a slowdown in new residential construction. After navigating an “extremely challenging market environment” in 2024, Geberit expects a marginal decline in its full-year EBITDA margin and operating profitability when it reports results on March 6, projecting a margin slightly below last year’s 29.5%.

Next Story
Real Estate

India’s Office Market Poised for Record 90+ Mn Sq Ft Leasing in 2025

India’s office real estate sector is on track to achieve a historic milestone, with gross leasing volume (GLV) expected to cross 90 million square feet in 2025, according to Cushman & Wakefield’s Q2 India Office Market Report. In H1 2025, GLV stood at approximately 42 million sq ft, setting a strong pace for the year. Q2 2025 reported 21.4 million sq ft of leasing across the top eight cities, up 5 per cent quarter-on-quarter and flat year-on-year. This follows the sector’s record-breaking performance of ~89 million sq ft in 2024. If the trend continues, 2025 will be the second s..

Next Story
Real Estate

Hindware Smart Appliances’ Carmela BLDC AutoClean Chimney for Modern Homes

Hindware Smart Appliances has introduced the Carmela BLDC AutoClean Chimney, a high-performance wall-mounted chimney designed to meet the needs of modern Indian kitchens. Combining energy efficiency and contemporary styling, the product is powered by a 1500 m³/hr suction capacity and a durable Brushless Direct Current (BLDC) motor. The inclined, filterless design improves airflow while eliminating the hassle of clogged filters. It also features automatic louvre opening and advanced thermal auto-clean technology, enabling grease removal at the touch of a button. Equipped with nine sp..

Next Story
Real Estate

Mahindra Lifespaces Unveils New Tower at Pune's Citadel Project

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has launched a new tower at Mahindra Citadel in Pimpri-Chinchwad, Pune. The launch features premium 1 BHK homes targeted at young professionals, nuclear families, and first-time homebuyers. The new tower is part of the integrated ~9.66-acre Mahindra Citadel project, which has a total Gross Development Value (GDV) of approximately Rs 25 billion. This launch follows strong demand for earlier phases of the project and is located adjacent to the Sant Tukaram Metro Station, offering ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?