Geberit Stock Price - PrudentWater

Geberit is a global manufacturer of sanitary technology. The company is a world market leader in the sanitary sector and represented all over the world. However, Geberit still generates almost 90 % of its sales within Europe but in the last couple of years the management has continually repeated to reduce this ‘dependency’ on Europe. Geberit is particularly active in the areas of water disposal systems, pipeline systems, house drainage systems, rinsing systems and installation systems. In February 2016 Geberit completed the takeover of the Finnish sanitary ceramic producer Sanitec. The takeover was aimed at increasing the presence in the bathroom equipment area and expanding the product range through bathroom ceramics. Currently, the company is active in almost 50 countries, including several African countries. Taking into account the still lacking basic sanitary infrastructure in Africa, Geberit could benefit strongly from a sustainable investment in sanitation across this region.

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Switzerland – Sanitary

GEBN:SW

www.geberit.com