Annual Report 2023

Annual Report 2023


Business year 2023 at a glance

Two individuals reviewing business charts on a tablet

Significantly increased operating margins

The EBITDA margin increased by 310 basis points to 29.9% – and this in a difficult market environment with significantly lower volumes and considerable wage inflation.

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Markedly higher investments

In 2023, CHF 197 million was invested in property, plant and equipment and intangible assets as part of the strategic stability – 27.1% more than in the previous year.

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CHF 197 million
 A sales associate is presenting a plumbing system to a group of listeners at a fair

Intensified market cultivation activities in a difficult market environment

The sales force of the local sales companies intensified customer contacts in a difficult market environment – both in person and digitally.

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CO2 emissions significantly reduced again

The medium-term reduction goal for relative CO2 emissions was clearly exceeded at -15.6%.

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- 15.6 %
Natural waterfall in a green forest landscape

Optimising water consumption is of utmost importance

Reducing water consumption in the product use phase is Geberit's greatest lever for contributing to sustainable development.

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Productivity at a very high level

Capacity adjustments as a consequence of operational flexibility made it possible to maintain productivity at the plants at a high level despite lower volumes.

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Production volume and productivity (bar and line chart)
Graphic representation of Geberit's improved flushing performance toilet, showcasing the new TurboFlush technology

Top flushing-out performance: the Acanto WC

Due to the optimally coordinated components, the flushing performance of the Acanto WC is up to ten times higher than the requirements of international standards.

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Like looking into a kaleidoscope: Cube Berlin

An office building looking like a dice in Berlin impresses with its reflective façade and is characterised by sustainable building management.

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Sunset reflecting on a building's glass facade