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Annual Report 2005
Business and Financial Review
Business and Financial Review
In 2005, the Geberit Group again generated convincing results on a broad geographic basis. This was also supported by the improved economic environment in many markets. Geberit was able to further expand its excellent position in the global sanitary markets.
> Improved economic framework conditions
> Continued sales growth
> Satisfactory development of the markets
> Growth in the product areas
> Minor currency effects
> Reduced sales due to disinvestments
> Continuously convincing profitability
> Operating expenses under control
> Strong net income
> Another rise in cashflow
> Sound equity base and balance sheet structure
> Level of investments continues to be high
> Efficient research and development
> Further professionalized market approach
> Slight decline in the number of employees
> Sustainability of major importance
> High level maintained in the environmental area
> Manifold activities in the area of people/social matters
> Prudent acquisition policy
> Ambitious medium-term goals
> Clear strategy
> Outlook 2006
> Impressum
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