Business and Financial Review
Business and Financial Review
In 2004, the Geberit Group extended its series of successful years, completing the best year of its corporate history. In addition to the core business’ convincing performance and the efficient integration of the Mapress Group, acquired at the beginning of the year, the Group’s improved performance was also due to the slight improvement, versus prior year, of the economic environment.
> Improved economic environment
> Double-digit sales growth
> Encouraging development in the markets
> Growth in the product areas
> Minor currency effects
> Major acquisition-related sales contribution
> High profitability
> Operating expenses under control
> Increase in net income
> High cashflow level
> Sound equity base and balance sheet structure
> Higher investments
> Efficient research and development
> Further intensified market approach
> Marked increase in the number of employees
> Sustainability of major importance
> Successful acquisition policy
> Strategy and medium-term goals
> Outlook 2005
> Impressum
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