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Business and Financial Review
Satisfactory development of the markets
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The following sales developments by geographic markets
relate to organic changes in local currencies. With
a 5.3% growth, the development of the European
markets continued to be remarkable. Two-digit growth
rates were generated in the United Kingdom (+14.4 %),
France (+11.4%) and Austria (+10.1%). Satisfactory
sales growth was also recorded in Belgium (+9.4 %),
Switzerland (+8.8 %), the Netherlands (+8.2 %) and Italy
(+3.3 %). Germany (–1.0%) competed remarkably well
in a difficult market environment. The other European
markets boasted a 15.3% growth rate. Even more
significant increases were recorded in the Middle East/
Africa (+20.0%) and Far East/Pacific (+42.4 %) regions.
Only America posted a disappointing 7.0% decline.
In all, the tendency towards higher growth outside the
major European markets observed over several years
continued in 2005.
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| © 2006 Geberit AG - All rights reserved. Please read our legal information. |
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Waterways
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