iVIGA Tap Factory Supplier
Originally Posted By Kitchener Geberit Kitchener Headlines
According to Geberit’s recently released semi-annual report, the company saw double-digit growth in almost all financial figures in the first half of 2021. Олардың арасында, сату көлемі өсті 24.9%, EBITDA (салықтарды төлегенге дейінгі табыс, қызығушылық, амортизация, және амортизация) ұлғайды 35.5%, and net income increased by 46.1%. But the second-quarter sales growth was the largest single-quarter increase since the company went public, and Geberit said one of the reasons for the profit growth was the price increase. It is reported that the company has recently opened price increases in some markets, from its first-half results, the current round of price increases have achieved significant results.
First-half sales of about RMB 13 млрд
Тамыз айында 19, Жергілікті уақыт, Geberit released its report for the first half of 2021. Қаңтардан маусымға дейін, Geberit CHF сатуға қол жеткізді 1.833 млрд (шамамен RMB 13.014 млрд), ұлғаюы 24.9% over sales in the first half of 2020 during the outbreak period, және 12.7% over the same period in 2019. Сондай-ақ, sales in the second quarter reached CHF 924 миллион (шамамен RMB 6.560 млрд), ұлғаюы 37.8% year-on-year and the largest single-quarter increase since Geberit’s launch.
Аймақ бойынша, among the four major markets, the Middle East/Africa, Азия-Тынық мұхиты, and Europe all achieved double-digit growth, жоғары 54.6%, 41.6% және 24.4% тиісінше, while the US grew by 5.7%. Валюталық әсерлер үшін түзетілген, Geberit achieved double-digit growth in all major global markets in the first half of the year. The market with the largest share of Geberit sales is still reported to be Germany, Бухгалтерлік есеп 32% of the company’s global sales. As a comparison, the Middle East/Africa, Азия-Тынық мұхиты, and the United States account for only 2%, 3% және 3% жалпы сатудан, with high potential for growth.
In terms of products, among the total sales of CHF 1.833 млрд, installation/flushing systems, plumbing systems and bathroom systems contributed CHF 699, 561 және 574 тиісінше млн, all representing an increase of more than 23%. Бұл түсінікті, although Geberit’s category is roughly divided into 3 major systems, ақиқатында, each system contains a very rich subdivision of products. Мысалы, the bathroom system contains sanitary ceramics, Жуынатын бөлмеге арналған шкафтар, нөсер, ванна, faucets and control devices and other products, the plumbing system includes water, жылыту, gas and other media piping products. The installation/flushing system is a category in which Geberit has core technology and is the most important product for Geberit.
Net profit increased by 46.1%.
Product price increases were the driving factor
Пайда тұрғысынан, Geberit achieved an EBITDA of CHF 626 бірінші жартыжылдықта млн, жоғары 35.5% жылдан жылға. The net profit was CHF460 million (RMB3.266 billion), жоғары 46.1% жылдан жылға, and Geberit said the profit growth was driven by volume effects and sales price increases.
In the report, Geberit made several references to raw material prices. According to Geberit’s publicly available data, the price of raw materials fell slightly since the outbreak in April 2020 and continued to rise slightly from July of the same year. Желтоқсанға қарай 2020, it began to rise significantly. The year-end price for 2020 was Price Index 100, and in July 2021 the Price Index had risen to 114, яғни. а 14% price increase from the end of last year. Ағымдағы сәтте, it is also maintaining a large increase, and Geberit expects raw material prices in the third quarter of 2021 to increase by another 6 percentage points from the second quarter.
Geberit uses higher product selling prices to offset raw material price increases. Жақында, Geberit raised product prices in some markets. In its previous earnings report, Geberit also stated that the increase in profit was due to price increases. Маусым айындағы жағдай бойынша 1, 2021, Geberit also increased product prices in the U.S. market by 3.5%. Looking at the net profit figures for the first half of the year, it is clear that the current round of price increases has had a positive effect on Geberit’s management and investors.
Тіркеме: Geberit’s year-to-date milestones
Ақпан айында, Geberit was rated by Vanke as a B-rated supplier for the same floor drainage, the highest grade in the category, while another brand on the list was only rated as qualified.
Наурызда, Geberit made an announcement that Hartmut Reuter, an independent director of the company, would resign. His replacement as an independent director is Thomas Bachmann.
Мамырда, Geberit exhibited at the Shanghai Kitchen & Bathroom Show under the theme “Дәл сумен жабдықтау және дренаж, Салауатты жаңа ванна бөлмесі”. It presented a wide range of front and back-of-wall products, including the Chinese debut of the Geberit One series.
Мамырда, Geberit USA announced a 3.5% бағаның өсуі, маусымда күшіне енеді 1.
Маусым айында, Geberit announced the discontinuation of Ifö branded products in the Norwegian market from January 2022, focusing instead on Geberit and Porsgrund. the main Ifö branded product range will be succeeded by the Porsgrund brand.
Шілде айында, Geberit appointed Tobias Knechtle as the group’s CFO. He will join the company on November 1, 2021, and will succeed the current CFO Roland Iff from January 1, 2022.
Тамыз айында, First Financial aired a major series “Shanghai City Renewal”. This is said to be the story of Geberit’s contribution to “Sustainable Building Development, the Road to Urban Renewal”.
