15.15EUR-0.66%Mkt Cap: 443.80M $P/E: 1.091d ago
Villeroy & Boch AG, together with its subsidiaries, engages in the manufacture and sale of ceramic products under the Villeroy & Boch brand in Germany. It operates through two divisions, Bathroom & Wellness, and Dining &…
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Mmöbelmarkt | ||
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SSaarbrücker Zeitung | ||
Villeroy & Boch (XTRA:VIB3) Net Profit Margin Falls to 0.6%, Challenging Recovery Hopes Villeroy & Boch (XTRA:VIB3) saw earnings decline by 17.4% annually over the past five years, while net profit margins slid to 0.6% from 2.2% a year ago. The latest results were affected by a one-off €4.4 million gain, and although the company recorded negative earnings growth this year, forecasts now point to annual earnings rebounding by 69.7% over the next three years. This sets expectations much higher than both broader German market trends and the 20% growth considered eye-catching by... | ||