BREAKING NEWS

BREAKING NEWS

Geberit more cautious about building industry, lowers sales outlook

Now Reading :

Geberit more cautious about building industry, lowers sales outlook

Geberit more cautious about building industry, lowers sales outlook
@ Copyright :
MORITZ HAGER(Reuters)
Text size Aa Aa

ZURICH (Reuters) - Geberit <GEBN.S> lowered its full year sales outlook, the shower toilet and plumbing supplies maker said on Tuesday, saying it was seeing slightly more cautious conditions in the building industry.

The Swiss company said it now expected full year sales growth of "around 3 percent", when adjusted for currency swings, down from its earlier view of 4 percent it had forecasted in August.

(Reporting by John Revill, editing by Riham Alkousaa)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.