business year 2018
As in previous years, the construction industry in 2018 was shaped by developments that varied by region. In the year-on-year comparison, the market environment was characterised by increased volatility and a declining growth momentum in certain markets. Solid sales growth and high profitability led to a good financial year, which further consolidated Geberit’s position as the leading supplier of sanitary products in Europe.
Chairman Albert M. Baehny on business development in 2018: