Geberit Ag · SIX:GEBN
Geberit — H1 2026 Earnings Presentation
15 slides from Geberit's earnings presentation, Aug 19, 2026
Slide 1: H1 2026 Results
H1 2026 Results Christian Buhl, CEO Tobias Knechtle, CFO August 19, 2026
Slide 2: Agenda
Agenda H1 2026 Q2 2026 Outlook 2026 SLIDE 2 H1 2026 RESULTS
Slide 3: Key figures H1 2026
Key figures H1 2026 Net sales growth (in CHF) Net sales growth (c.a.) +2.8% +5.9% • Strong negative currency development • Very strong net sales growth in local currencies supported by EBITDA margin EBIT margin all product areas 30.9% 26.3% • Stable EBITDA margin supported by base effect from one- t
Slide 4: Net sales H1 2026 – By region
Net sales H1 2026 – By region Variance to PY CHF million Net sales % CHF % c.a. • Very strong net sales growth in local currencies Geberit Group 1’711 +2.8% +5.9% − Volume/mix effect: around +4.5% Central Europe − Germany 504 +0.9% +3.6% − Price effect: around +1.5% − Switzerland 184 +9.7% +9.7% • E
Slide 5: Net sales H1 2026 – By product area
Net sales H1 2026 – By product area Variance to PY CHF million Net sales % CHF % c.a. Installation & Flushing 646 38% +3.3% +6.7% Systems • Net sales growth in Swiss Franc and local currencies in all three product areas Piping • Strong growth with established and new 557 33% +3.2% +5.9% products Sys
Slide 6: Key figures H1 2026
Key figures H1 2026 Variance to PY CHF million H1 2026 H1 2025 % CHF % c.a. Net sales 1’711 1’665 +2.8% +5.9% • Growth on all P/L levels in Swiss Franc, even EBITDA 529 514 +3.0% +6.9% adjusted for one-time costs in previous year Margin 30.9% 30.9% • EBITDA and EBIT supported by base effect from EBI
Slide 7: EBITDA margin H1 2026
EBITDA margin H1 2026 +0.5% +1.0% -1.8% 31.5% One-time costs -0.3% 30.9% 30.9% EBITDA Volume and Price effects, Other cost Currency EBITDA margin H1 2025 product mix effect net1 effects effect margin H1 2026 • Positive operating leverage from volume growth • Positive net price effect, with higher sa
Slide 8: Direct material prices
Direct material prices Geberit monthly price index (Jan 2021=100), currency adjusted Q1 Q2 Q3 Q4 130 2025 2026 • Direct material prices in H1 2026 +3% vs. H1 2025 • Strong increase of direct material prices in Q2 2026 125 − +7% vs. Q2 2025 − +7% vs. Q1 2026 120 • Expected direct material prices in Q
Slide 9: Agenda
Agenda H1 2026 Q2 2026 Outlook 2026 SLIDE 9 H1 2026 RESULTS
Slide 10: Net sales Q2 2026
Net sales Q2 2026 Variance to PY CHF million Net sales % CHF % c.a. • Very strong net sales growth in local currencies Geberit Group 838 +6.6% +8.8% − Volume/mix effect: around +7.5% By region − Price effect: around +1.5% Europe 739 +6.6% +8.3% • Europe: Strong growth in almost all markets driven by
Slide 11: Key figures Q2 2026
Key figures Q2 2026 Variance to PY CHF million Q2 2026 Q2 2025 % CHF % c.a. Net sales 838 787 +6.6% +8.8% • Growth on all P/L levels in Swiss Franc, even EBITDA 246 237 +3.9% +6.3% adjusted for one-time costs in previous year Margin 29.4% 30.1% • EBIT supported by base effect from one-time costs in
Slide 12: EBITDA margin Q2 2026
EBITDA margin Q2 2026 -0.8% +1.8% 30.1% -1.7% 29.4% 0.0% EBITDA Volume and Price effects, Other cost Currency EBITDA margin Q2 2025 product mix effect net1 effects effect margin Q2 2026 • Positive operating leverage from volume growth • Negative net price effect due to increased direct material pric
Slide 13: Agenda
Agenda H1 2026 Q2 2026 Outlook 2026 SLIDE 13 H1 2026 RESULTS
Slide 14: Outlook 2026
Outlook 2026 • Overall: Continued geopolitical risks and associated macroeconomic uncertainties • Europe – Slight market growth but no broad recovery yet − New built: Positive momentum, as indicated by ongoing building permit turnaround Market − Renovation: Continued positive dynamic • Outside Europ
Slide 15: Disclaimer
MASTERING WATER Disclaimer Although Geberit makes every effort to make accurate and up-to-date statements, we cannot provide any guarantees or warranties as to the accuracy and completeness of the information in this handout and disclaim any liability arising from its use. All statements in this pre