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PDF (1.25 MB) - Geberit International AG

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high standards with respect to<br />

quality and profitability are always<br />

maintained.<br />

4. Continuous optimization of<br />

business processes<br />

Through continuous process optimizations,<br />

<strong>Geberit</strong> intends to ensure<br />

a leading, competitive cost structure<br />

in the long term. This is achieved,<br />

on the one hand, via Group-wide projects;<br />

on the other hand, employees<br />

are identifying potential improvements<br />

in their day-to-day work and are<br />

thus able to make a major contribution<br />

towards positive development.<br />

Strong reputation on the capital<br />

market as a result of efforts in the<br />

area of sustainability<br />

The efforts in terms of sustainable<br />

corporate management are being rewarded<br />

by the capital market. <strong>Geberit</strong><br />

is well represented in the continuously<br />

growing sector of sustainability<br />

share indices and sustainability funds.<br />

For instance, <strong>Geberit</strong> stock is part<br />

of the Dow Jones Sustainability Index<br />

(DJSI STOXX) and the FTSE4Good<br />

Index series. In addition, renowned<br />

sustainability funds hold <strong>Geberit</strong><br />

shares in their portfolios. <strong>Geberit</strong>’s<br />

objective is to continue to play<br />

a significant role in the constantly<br />

growing investment segments of<br />

Sustainability and Water.<br />

The sustained positive development<br />

of the share price also bears witness<br />

to a long-term, successful strategy<br />

implementation. In the period between<br />

the initial public offering in June<br />

1999 and the end of 2009, the <strong>Geberit</strong><br />

share rose by an average of 17.7% p.a.<br />

Corporate Governance<br />

<strong>Geberit</strong> practices clear decision-making<br />

processes and a policy of transparent<br />

information, including in terms<br />

of corporate governance in particular.<br />

This ensures that the company is<br />

managed with a long-term orientation<br />

and that the interests of shareholders<br />

are safeguarded.<br />

An extensive illustration of its corporate<br />

governance in accordance<br />

with the corresponding guidelines<br />

of the Swiss Stock Exchange (SIX)<br />

is included in the annual report.<br />

Share price performance from<br />

June 22, 1999 (IPO), to December 31, 2009<br />

(in CHF)<br />

225<br />

200<br />

175<br />

150<br />

125<br />

100<br />

75<br />

50<br />

25<br />

0<br />

99 00 01 02 03 04 05 06 07 08 09<br />

<strong>Geberit</strong> share<br />

Swiss Performance Index (SPI)<br />

(Source: Bloomberg)<br />

Basis: 1:10 share split on May 8, 2007<br />

<strong>Geberit</strong> Sustainability Report 2010 14

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