Geberit Reports Flat Sales, Sees Stabilizing Demand

17 Jan 2025 CW Team

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%.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..