The Geberit Group delivered strong sales growth in 2025, significantly outperforming overall market development despite a continued challenging environment for the construction and sanitary industries. Currency-adjusted net sales increased by 4.8%, while reported net sales rose by 2.5% to CHF 3,163 million.
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Growth was primarily driven by strong volumes, supported by the continued success of newly introduced products and positive momentum across most European markets. Negative currency effects of CHF 72 million moderated reported growth.
In the fourth quarter of 2025, Geberit recorded net sales of CHF 715 million, representing an increase of 4.4% in Swiss francs and 6.4% on a currency-adjusted basis. This marked an acceleration compared with earlier quarters of the year.
Across European markets, currency-adjusted sales rose by 4.1%, with particularly strong growth in Austria (+8.5%), Benelux (+7.3%) and Germany (+5.6%). Growth was also achieved in Eastern Europe (+4.3%), Northern Europe (+3.5%), Italy (+1.6%), Switzerland (+1.0%) and Western Europe (+0.1%). Outside Europe, sales increased sharply in the Middle East/Africa region (+24.8%) and grew in America (+3.9%), while the Far East/Pacific region (-0.6%) declined slightly due to ongoing weakness in China, despite significant growth in India.
All product areas contributed positively. Currency-adjusted sales increased by 6.1% in Bathroom Systems, 5.5% in Installation and Flushing Systems, and 3.0% in Piping Systems.
Against the backdrop of negative currency developments and one-off costs related to the closure of a German ceramics plant announced in January 2025, operating margins were expected to be slightly below the previous year's level. While volume growth and lower direct material costs supported profitability, this was offset by wage inflation, higher energy prices, growth initiatives in selected developing markets, and ongoing investments in digitalisation and IT. Management therefore expected a full-year EBITDA margin slightly below 29.5%.
Looking ahead to 2026, Geberit anticipated slight market growth in Europe, supported by stabilising building permits and a modest recovery in renovation activity, which accounted for around 60% of sales. Outside Europe, demand was expected to remain strong in markets such as India and the Gulf region, while China was forecast to continue declining. The Group aimed to further strengthen its market position through new product launches, investments in digitalisation and AI, targeted marketing initiatives, and expanded logistics capacities.
The full financial statements and annual report for 2025 is scheduled for release on 12 March 2026.
More information:
Geberit
www.geberit.com
