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Business and Financial Review
Strong net income
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In the year under review, Geberit generated net income
of CHF 262.5 million (prior year CHF 194.4 million), a
marked rise by 35.0%.
Net finance costs were reduced by 42.7% to CHF 17.2
million. This significant improvement mainly resulted
from the lower amount of debt.
Income tax expenses rose from CHF 81.1 million to
CHF 89.7 million. The tax rate, however, declined from
29.4% to 25.7 %. This reduction was mainly due to the
fact that the discontinued goodwill amortization caused
an increase in the 2005 pre-tax result but was not
deductible for tax purposes with respect to the prior
year result.
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| © 2006 Geberit AG - All rights reserved. Please read our legal information. |
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Waterways
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