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Geberit sales fall on Covid-19, currency impact - MarketWatch

Geberit AG said Monday that its sales fell in the first half of the year due to the impact of the coronavirus pandemic and negative currency effects.

The Swiss sanitary-products company said first-half sales dropped 9.8%. Adjusted for currency effects, sales fell 4.5%.

"In the second quarter in particular, restrictions enforced due to COVID-19 resulted in a significant decline in sales in the individual markets," it said.

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Geberit sales fall on Covid-19, currency impact - MarketWatch
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