Full Year 2021 Geberit AG Corporate Sales Call Transcript

Jan 13, 2022 / 08:00AM GMT
Operator

Good morning. I am the [entity] operator for this conference. Welcome to the Geberit's Conference Call on the First Information 2021. (Operator Instructions) The conference is being recorded. (Operator Instructions)

This call must not be recorded for publication or broadcast. At this time, I would like to turn the conference over to Mr. Christian Buhl, CEO; accompanied by Mr. Tobias Knechtle, CFO; and Mr. Roman Sidler, Head of Corporate Communications and Investor Relations.

Please go ahead.

Christian Buhl - Geberit AG - Chairman of the Group Executive Board & CEO

Thank you, (inaudible). Good morning, ladies and gentlemen. Welcome to Geberit's full year sales conference call. We will first comment on our fourth quarter sales figures then we review our full year sales performance, followed by our guidance for the financial results in 2021 and finish with an outlook for Geberit this year.

I'll start with the fourth quarter. We recorded a strong and a better-than-expected quarter with net sales growth of plus 7.7% in local currency

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