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Business and financial review

The Geberit Group achieved convincing results in 2013. In a continued challenging environment, market shares were gained in many markets through above-average sales increases. Despite continued, substantial investments in organic growth, the results were up on the previous year’s values. The healthy sales growth and lower cost of materials in percentage terms compared to the previous year had a positive effect on the results. This was partially offset by higher customer bonuses as well as increased maintenance and personnel expenses. With these results, Geberit noticeably outperformed the European market environment and further consolidated its position as a leading provider of sanitary technology.