Highlights of the financial year 2020
![](/geberit/annual/2020/gb/layout/img/highlights/financial_report/01.jpg)
Net sales
+1.3%
Currency-adjusted net sales growth in 2020
Net sales development
2011–2020
2011–2020
(in CHF million)
![](/geberit/annual/2020/gb/layout/img/highlights/financial_report/02.jpg)
EBIT, EBITDA, Net income,
Earnings per share (EPS)
2018–2020
Earnings per share (EPS)
2018–2020
(in CHF million)(EPS: in CHF)
* Adjusted for costs in connection with the Sanitec acquisition and integration (EBITDA 2018 not adjusted)
Net income development
2011–2020
2011–2020
(in CHF million)
* Adjusted for costs in connection with the Sanitec acquisition and integration
![](/geberit/annual/2020/gb/layout/img/highlights/financial_report/03.jpg)
Free cashflow
(in CHF)
717 million
+11.4% versus prior year
Operating cashflow margin
(EBITDA margin)
(EBITDA margin)
31.0%
+170 basis points higher than prior year
![](/geberit/annual/2020/gb/layout/img/highlights/financial_report/05.jpg)
R&D expenditures
(in CHF)
75 million
2.5% of net sales
Investments in property, plant and equipment and intangible assets
(in CHF)
(in CHF)
150 million
-10.2% versus prior year
![](/geberit/annual/2020/gb/layout/img/highlights/financial_report/06.jpg)
Currency effects in net sales
(in CHF)
-136 million
Currency effects in EBIT
(in CHF)
(in CHF)