Geberit share information

Beginning the year at CHF 340.20, the share price then rose continuously to more than CHF 370 by the end of April. Following the publication of the half-year results in August, the price climbed further and reached an all-time high of CHF 434.10 at the end of August. The price then tailed off slightly until the end of the year and closed at CHF 408.20. Overall, this corresponds to a substantial increase of 20.0% in 2016. In the same period, the Swiss Market Index (SMI) lost 6.8%. Viewed over the past five years, the Geberit share posted an annual average increase of 17.7% (SMI +6.7%). The Geberit Group’s market capitalisation reached CHF 15.1 billion at the end of 2016.

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

At the end of 2016, the free float as defined by SIX was 100%.

Given a normal market environment, Geberit achieves solid free cashflow, which is invested in organic growth, 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.

Over the last five years, around CHF 1.8 billion has been paid out to shareholders in the form of distributions or share buybacks. During the same period, the price of the Geberit share has risen from CHF 181.00 at the end of 2011 to CHF 408.20 at the end of 2016.

The Board of Directors will propose to the ordinary General Meeting of Geberit AG on 5 April 2017 an increase in the dividend of 19.0% to CHF 10.00 in line with the higher earnings per share. The payout ratio of 63.4% of adjusted net income is in the upper range of the 50% to 70% corridor defined by the Board of Directors.

The share buyback programme, which began on 30 April 2014, ended on 29 February 2016. A total of 757,000 registered shares were bought back for CHF 247.8 million. When the programme ended, this represented 2.0% of the share capital recorded in the Commercial Register. The share buyback was conducted via a second trading line set up especially for this purpose. The average purchase price per share was CHF 327.40. The ordinary General Meeting of 6 April 2016 approved the proposal to cancel the repurchased shares by means of a capital reduction. This took place on 20 June 2016.

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/media/services/mailing-list/ in order to receive the most recent information relating to the company.

CEO Christian Buhl, CFO Roland Iff 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 information