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Business and Financial Review
Outlook 2005
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Geberit expects the geopolitical and economic environment to improve only marginally. Only a weak positive drive is anticipated based on the overall economic situation and the base data of the European construction industry. On the other hand, a more significant growth momentum is emerging in the renovation sector. The Company plans to continue to take advantage of this positive element. Geberit intends to further expand its market position with a large number of innovative products and services in the areas of Sanitary Systems as well as Piping Systems.
In geographical terms, the Company continues to see good growth opportunities mainly in Central and Eastern Europe, the United Kingdom, North America, China and South East Asia. The Mapress business acquired in 2004 will make a valuable contribution in this respect.
With a powerful and market-oriented organization, experienced and highly motivated executives and employees as well as many new product ideas, Geberit wants to continue its close and trusting cooperation with its market partners in both the commercial and trade sectors.
In summary, the Company sees a good chance to build on the 2004 success, to achieve solid sales growth, to maintain the operating results at an above-average level and to further increase earnings per share. |
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| © 2005 Geberit AG - All rights reserved. Please read our legal information. |
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Jean Tinguely:
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