Geberit will increase prices on plastic piping and selected products by 2% from June as the company responds to rising plastics and energy costs linked to ongoing conflict in the Middle East.
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The Swiss plumbing and sanitary products manufacturer said higher oil prices, driven by the closure of the Strait of Hormuz following escalating tensions involving Iran, the US and Israel, have significantly increased raw material costs. Earlier this year, the company had already implemented a 5% price increase on copper-related products, in addition to its standard annual price adjustments.
Chief executive Christian Buhl said the company has so far experienced limited direct disruption to logistics, with shipments through the Strait accounting for less than 1% of global sales. However, Geberit reported that substantially higher plastics and energy costs are affecting operations.
The company posted a 0.7% decline in first-quarter sales to 873 million Swiss francs (€1.1 billion). Despite geopolitical uncertainty, Geberit said demand within the European construction sector has remained relatively resilient, with Germany expected to perform at stable to slightly positive levels during 2026.
Buhl also noted continued growth in Saudi Arabia since the beginning of the year, including during March, while broader activity across the Gulf region remains largely stable.
Geberit warned that increasing geopolitical risks continue to complicate forecasts surrounding inflation, consumer confidence, interest rates and wider construction demand.
Source: www.constructionbriefing.com
