Geberit Group.

Geberit offers customers high-quality system solutions for applications in private residential construction and in public buildings. The systems are used in both renovation projects as well as in new buildings. A broad range of products is offered within the two product areas sanitary and piping systems. This ranges from installation systems, cisterns and mechanisms, faucets and flushing systems, waste fittings and traps to supply and building drainage systems.

For additional information on the product range, see → www.geberit.com > Products > Product range.

For 2011 sales by product areas and product lines, see → Business Report > Business and financial review > Sales.

The operational management structure of Geberit is divided into the Group Divisions:

• CEO
• Sales Europe
• Sales International
• Products
• Finance

The assignment of distinct responsibilities minimizes the number of interfaces. The structure takes into account the increasing globalization and is designed to continue augmenting the effectiveness of the Geberit Group in a changed environment. For a more detailed organizational structure, see → Business Report > Management structure.

The Geberit Group has its headquarters in Rapperswil-Jona, Switzerland.

Geberit has its own representatives in 41 countries. The products are sold in 100 countries throughout the world. The company has 16 specialized production companies in seven different countries close to the most important sales markets.

For a list of the countries in which Geberit operates, see → Financial report > Consolidated financial statements Geberit Group > Notes > Note 34.

Geberit AG, the parent company of the Geberit Group, is a stock corporation (AG) under Swiss law.

In terms of market development, Geberit relies on a three-stage distribution channel. The products are distributed via wholesale trade. Dealerships then sell them to plumbers and present them at exhibitions and other venues where end customers can gain information. At the same time, Geberit provides plumbers and sanitary engineers with intensive support through training and advising, which in turn leads to increased demand for Geberit products from wholesalers.

For sales by markets and regions and by product areas and product lines, see → Business Report > Business and financial review > Sales.

The Geberit Group’s market capitalization reached CHF 7,212 million as of the end of 2011 (prior year: CHF 8,916 million). The 2011 sales of CHF 2,123 million (prior year: CHF 2,147 million) were achieved with products in the two product areas Sanitary Systems and Piping Systems. At the end of 2011, the Group had 6,004 employees (prior year: 5,820 employees). For the consolidated balance sheet with details of current assets, non-current assets, equity and outside capital, see → Financial report > Consolidated financial statements Geberit Group.

There were no significant changes to the Group structure in 2011 (see also → 3.8).
For further information, see → Financial report > Consolidated financial statements Geberit Group > Notes > Note 2.

In 2011, Geberit was once again awarded numerous prizes. For a list of important prizes, see → www.geberit.com > Sustainability > Awards.