Geberit reports first-quarter sales and profit growth despite FX hit

Geberit reported first-quarter 2026 results showing stronger underlying growth and resilient margins, even as foreign-exchange effects weighed on reported sales.

The Swiss bathroom products group said net sales were CHF 873 million in the quarter ended March 31. That was down 0.7% in reported Swiss francs, but up 3.4% in local currencies.

EBITDA rose to CHF 283 million, with the EBITDA margin holding at 32.5%. Earnings per share increased to CHF 5.94. The company said the quarter was affected by markedly negative currency effects.

Geberit also pointed to continued underlying demand, with the local-currency sales growth indicating the business held up better than the headline Swiss-franc figure suggested.

The immediate market focus will now be on whether the company can maintain that margin resilience if currency pressure persists later in the year.