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. Дар байни онҳо, фуруши махсулот афзуд 24.9%, Эбитда (даромади пеш аз андоз, фоиз, амортизатсия, ва амортизация) зиёд шуд 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 миллиард
Дар моҳи август 19, Вақти маҳаллӣ, Geberit released its report for the first half of 2021. Аз январ то июн, Geberit ба фурӯши CHF ноил шуд 1.833 миллиард (тақрибан RMB 13.014 миллиард), афзоиши 24.9% over sales in the first half of 2020 during the outbreak period, ва 12.7% дар хамин давра дар 2019. Бавижа, sales in the second quarter reached CHF 924 миллион (тақрибан RMB 6.560 миллиард), афзоиши 37.8% year-on-year and the largest single-quarter increase since Geberit’s launch.

Аз рӯи минтақа, among the four major markets, the Middle East/Africa, Осиё Уқёнуси Ором, and Europe all achieved double-digit growth, боло 54.6%, 41.6% ва 24.4% мутаносибан, while the US grew by 5.7%. Adjusted for currency effects, 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, баҳисобгирӣ 32% of the company’s global sales. As a comparison, the Middle East/Africa, Осиё Уқёнуси Ором, and the United States account for only 2%, 3% ва 3% ҳаҷми умумии фурӯш, with high potential for growth.

In terms of products, among the total sales of CHF 1.833 миллиард, installation/flushing systems, plumbing systems and bathroom systems contributed CHF 699, 561 ва 574 мутаносибан миллион, all representing an increase of more than 23%. Маълум мешавад, ки, although Geberit’s category is roughly divided into 3 major systems, дар асл, each system contains a very rich subdivision of products. Барои намуна, the bathroom system contains sanitary ceramics, шкафхои хаммом, борон меборад, ванна, faucets and control devices and other products, the plumbing system includes water, гармшавӣ, 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
Аз чихати фоида, Geberit achieved an EBITDA of CHF 626 дар нимсолаи якуми соли чорй миллион, боло 35.5% сол ба сол. The net profit was CHF460 million (RMB3.266 billion), боло 46.1% сол ба сол, and Geberit said the profit growth was driven by volume effects and sales price increases.

Дар маъруза, 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. By December 2020, it began to rise significantly. The year-end price for 2020 was Price Index 100, ва дар моҳи июл 2021 the Price Index had risen to 114, I.E. а 14% price increase from the end of last year. Айни замон, 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. Ба наздикй, 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. Аз моҳи июн 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.
Замима: Geberit’s year-to-date milestones
Дар мохи февраль, 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.
Дар мохи март, Geberit made an announcement that Hartmut Reuter, an independent director of the company, would resign. His replacement as an independent director is Thomas Bachmann.
Дар моҳи Май, Geberit exhibited at the Shanghai Kitchen & Bathroom Show under the theme “Таъмини об ва дренажи дақиқ, Ҳаммоми нави солим”. It presented a wide range of front and back-of-wall products, including the Chinese debut of the Geberit One series.
Дар моҳи Май, Geberit USA announced a 3.5% афзоиши нарх, effective June 1.
Дар моҳи июн, 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.
Дар моҳи июл, 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.
Дар мохи август, 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”.
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