Following the acquisition of Ideal Standard, Villeroy & Boch has revealed it is on track with its growth strategy which aims to broaden the Group's position in international markets, distribution channels and product categories. In the first quarter of 2025, Group revenue rose by 33.2% to €369.1million largely due to the acquisition. Significant revenue growth was recorded in the EMEA region (Europe, Middle East, Africa). The fittings business, in particular, made a strong contribution to revenue development. Overall, the company managed to improve its operating EBIT by 4.3% year-on-year to €24.1million. This confirms the forecast for the full year 2025 as outlined in the annual financial statements.
The Villeroy & Boch Group continued its stable economic development in the first 3 months of the financial year. The strategic realignment of the Group, initiated with the Ideal Standard integration, is proving successful.
"The business performance in the first quarter of 2025 confirms that the acquisition of Ideal Standard was the right strategic choice. The new Villeroy & Boch Group has expanded its market position in the project-business-driven growth markets in the Near Middle East, as well as in core Europe. The newly gained strength in the fittings business is having a positive impact on our business," said CEO Gabi Schupp. "We have a broader international footprint and are therefore less dependent on the economic development of individual markets. This makes our business model more resilient and robust."
The Bathroom & Wellness Division generated sales of €295.5 million in the first quarter of 2025, up 44.8% on the previous year. The strongest growth was achieved in the strategic business areas of fittings (€+44.8 million) and sanitary ware (€+30.8 million). There were also positive developments in the European and Near Middle East markets, which are strongly driven by the project business. The Bathroom & Wellness Division closed the first quarter of 2025 with an operating profit (EBIT) of €20.0 million, up 14.9% on the previous year.
