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Villeroy & Boch has successfully completed its acquisition of all operating companies of the Ideal Standard Group. Ideal Standard will be integrated as a separate part of the Villeroy & Boch Group now that all necessary approvals by antitrust authorities have been received.
- Consolidated revenue down 7.5 % year-on-year on a constant currency basis - EBIT margin increases to 9.9 % (previous year: 9.7 %) - Group result of € 61.0 million (previous year: € 71.5 million)
Villeroy & Boch has successfully placed its first €280 million promissory note loan, following the company’s announcement of its acquisition of Ideal Standard in September 2023. It originally planned to place €150 million, but the volume was increased significantly given the substantial oversubscription, and conditions were set at the lower end of the marketing margin.The promissory note l
Consolidated revenue in first nine months down 8.8 % year on year at € 650.6 million (on a constant currency basis) EBIT of € 56.8 million, 11.7 % lower than in previous year (€ 64.3 million) Full-year revenue and earnings forecast for 2023 at lower end of forecast range Consolidated revenue: € 650.6 million The Villeroy & Boch Group’s consolidated revenue (including li
Today, the Villeroy & Boch AG Supervisory Board has appointed Gabi Schupp as the company’s new CEO with effect from 1 January 2024. She will take over the role from Frank Göring. In addition, the contract of CFO Dr Markus Warncke has been extended.
Mettlach / Brussels, 18 September 2023. Villeroy & Boch AG has today signed binding agreements to acquire operating companies in the Ideal Standard Group. The two companies are a strong strategic fit given their regional presence, sales strategies and product and brand portfolios, laying the foundations for a stronger market position and additional growth. In an industry with global growth pot
The Supervisory Board of Villeroy & Boch AG has resolved to extend Georg Lörz's Management Board mandate by a further three years, extending his contract until 2026. He was appointed to the Management Board in August 2020 and is responsible for the Bathroom & Wellness Division."Georg Lörz's contract extension underlines the continuity and stability in Villeroy & Boch's corporate ma
Consolidated revenue down 10.7 % year-on-year to € 437.8 million in first half of year due to downturn in construction industry in particular EBIT at € 38.7 million, down 6.3 % on previous year Full-year revenue and earnings forecast for 2023 revised Consolidated revenue: € 437.8 million The Villeroy & Boch Group generated consolidated revenue (including licence income) of € 437.8 m
275 Years Creating Homes – this is the slogan for the celebrations to mark Villeroy & Boch’s 275th anniversary this year. Since the company’s creation in 1748, close ties have been forged with the founding families.
Consolidated revenue down 7.7 % year-on-year to € 229.3 million due to economic factors EBIT at € 19.6 million, by 3.9 % slightly below previous year Full-year earnings forecast for 2023 still confirmed Consolidated revenue: € 229.3 millionThe Villeroy & Boch Group generated consolidated revenue (including licence income) of € 229.3 million in the first quarter of 2023. Due to eco
Consolidated revenue rises 5.2 % to € 994.5 million (previous year: € 945.0 million) EBIT improves by 7.0 % to € 96.8 million (previous year: € 90.5 million) Group result up significantly year-on-year at € 71.5 million (previous year: € 60.5 million) Consolidated revenue:€ 994.5 millionIn the 2022 financial year, the Villeroy & Boch Group generated consolidated revenue (incl. lice
275 years of Villeroy & Boch. Hardly any other premium brand with a global reputation can look back on a comparable history and lasting success. On the way from a small craft business founded in 1748 to an international group, Villeroy & Boch has transformed from a production-oriented ceramicist to a comprehensive lifestyle provider. Today, the brand uses its products to design and shape i
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