Villeroy & Boch maintains a stable performance despite a challenging market
Villeroy & Boch maintains a stable performance despite a challenging market
In the 2025 financial year, the Villeroy & Boch Group increased its revenue by 1.8% to €1,447million in a difficult market environment, driven by acquisitions. Operating EBIT of €97.8 million reflected a stable result.
Gabi Schupp, chair of the management board of the Villeroy & Boch Group, said: "For us, 2025 was all about strategic realignment. We have consistently honed our brand positioning while further strengthening our profitability. The acquisition of Ideal Standard has made us significantly more resilient in an economic environment that remains challenging. As a result, we were able to hold our own despite a general reluctance to spend and a weak construction sector."
The Bathroom & Wellness Division increased its revenue by 2.3% to €1,124.5 million in the 2025 financial year due to acquisitions, slightly exceeding the previous year's level despite the difficult situation in the construction sector. Adjusted for currency effects, sales increased by 3.4%. Europe, The EMEA region (Europe, Middle East, Africa) developed positively, while Asia Pacific and the Americas recorded a decline. The strongest sales growth was achieved by taps and shower systems as well as sanitary ceramics. This performance was driven by successful innovations such as ALU+ made from recycled aluminium, the new Vortex flushing technology and the i.life, Architectura and Antao collections. The Bathroom & Wellness Division closed the year with an operating profit (EBIT) of €65.2million, on a par with the previous year.
In view of the current economic situation, and particularly in the context of geopolitical tensions, such as the current conflict in the Gulf region, Villeroy & Boch expects consolidated sales in the 2026 financial year to be in the mid to high single-digit percentage range below the prior year, with an operating EBIT of €75 to €85million. As a result of the sale of the Northern European business of the Gustavsberg and Vatette brands effective 1st October 2025, net sales and operating EBIT in the first three quarters of 2026 are expected to fall significantly below the previous year, in line with this forecast. The financial year will continue to be influenced by integration expenses and the ongoing alignment of the production network. The Group plans to invest up to €50million in the current financial year, primarily toward the further strategic expansion of the 2 divisions.
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