Geberit share information

Share price performance in the reporting year

The Geberit share price started the trading year 2021 at CHF 554.20. Following a much stronger increase compared to the market – particularly from the end of March onward – the share price reached an all-time record high of CHF 775 in mid-August. Following some mainly market-related downturns in September, the share price then recovered and closed the trading year at CHF 745.20, corresponding to an increase of 34.5%. In the same period, the Swiss Market Index (SMI) posted gains of 20.3%. Viewed over the past five years, the Geberit share posted an annual average increase of 12.8% (SMI +9.4%). The Geberit Group’s market capitalisation reached CHF 26.7 billion at the end of 2021.

The Geberit shares are listed on the SIX Swiss Exchange, Zurich.

At the end of 2021, the free float as defined by SIX was 100%.

Share price development
1.1.–31.12.2021

Monthly average share price

Share price development
22.6.1999 (IPO)–31.12.2021

Annual average share price

Distribution

Given a stable market environment, Geberit achieves high free cashflow, which is used to repay debts, applied towards any acquisitions or distributed to shareholders. The capital structure is prudently maintained, and the company strives for a solid balance sheet structure with a buffer of liquidity. On the one hand, this policy guarantees the financial flexibility necessary to achieve growth targets, and, on the other hand, it offers investors security. Surplus liquid funds are distributed to shareholders. Geberit continued this shareholder-friendly distribution policy last year as well.

In 2021, CHF 405 million was distributed to shareholders as part of the dividend payment. The share buyback programme launched on 17 September 2020 was continued. In the reporting year, 249,699 shares were acquired at a sum of CHF 166 million. CHF 571 million, or 70.6% of the free cashflow, was therefore distributed to shareholders during the reporting year as part of the dividend payment and the share buyback programme.

Over the last five years, around CHF 2.6 billion has been paid out to shareholders in the form of distributions or share buybacks, which corresponds to 80.7% of the free cashflow in this period.

The Board of Directors will propose to the ordinary General Meeting of Geberit AG on 13 April 2022 an increase in the dividend of 9.6% to CHF 12.50. The payout ratio of 59.0% of net income is in the mid-range of the 50% to 70% corridor defined by the Board of Directors.

Communication

Geberit publishes current and comprehensive information simultaneously for all market participants and interested parties on the website www.geberit.com, including ad hoc announcements. Among other things, the current version of the investor presentation is available on the website at any time. In addition, interested parties may add their names to a mailing list www.geberit.com/mailinglist in order to receive the most recent information relating to the company.

CEO Christian Buhl, CFO Tobias Knechtle and the Head Corporate Communications & Investor Relations Roman Sidler are in charge of communication with shareholders, the capital market and the general public. Contact details can be found on the website in the relevant sections. Information relating to Geberit is provided in the form of regular media information, media and analysts’ conferences, as well as financial presentations.

Contact may be established at any time at corporate.communications@geberit.com

Comprehensive share information can be found at www.geberit.com > investors > share