Press release -
Villeroy & Boch raises its annual forecast for 2021 again
Following the strong first half-year and the sustained positive business development in the 3rd quarter of 2021, the Management Board of Villeroy & Boch AG has again raised its turnover and earnings forecast for the full year today. Villeroy & Boch now expects an increase in group turnover to over EUR 920 million (previous forecast: around EUR 885 million) and a group operating result of over EUR 85 million (previous forecast: over EUR 75 million). The renewed increase in the earnings forecast is based on the higher turnover expectation for 2021.
Note: The interim report for Q3 2021 will be published as scheduled on 20 October 2021 and will contain detailed information on the business development in both divisions.
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Villeroy & Boch is one of the world's leading premium brands for ceramic products. The family business, which was founded in 1748 and is headquartered in Mettlach/Germany, stands for innovation, tradition and exceptional style. As a renowned lifestyle brand, Villeroy & Boch offers products from the sectors Bathroom and Wellness and Dining & Lifestyle, and is active in 125 countries.