Revenue up 6.7% year-on-year to €1,075.2 million
In the current challenging market environment, the Villeroy & Boch Group
recorded growth effects in the first nine months of the 2025 financial year as
a result of the Ideal Standard acquisition. Despite general restraint in
consumer spending and investment, the Group was able to increase sales by
6.7% to €1,075.2 million. Operating EBIT rose to €65.1 million, slightly
above the previous year’s level. Driven by the strategic realignment of the
Group, growth was particularly strong in the EMEA region (Europe, Middle
East, Africa) and in the fittings and shower systems business.
Satisfactory development despite weak global economy
The first nine months of the financial year were marked by a difficult global
economic environment. In the Bathroom & Wellness division, the ongoing
decline in the European residential construction sector, coupled with
restrained investment – including in renovations – had a significant impact
on business development.
“Against the backdrop of the current global economic situation and the
associated restraint in consumer spending and investment, which is
particularly affecting key growth markets for us such as China and the
eurozone, we performed well in the market in the first nine months,”
summarises CEO Gabi Schupp. “The positive response to our innovations in
both business segments and the further internationalisation of our business
are the result of our strategic realignment following the acquisition.”
EMEA region as growth driver for Bathroom & Wellness
In the first nine months of the 2025 financial year, the Bathroom & Wellness
division increased its sales by 8.3% to €865.6 million due to acquisitions. The
two strategic business areas – fittings and shower systems with a growth of
€37.9 million, and sanitary ceramics and kitchens with an increase of €21.7
million – made a decisive contribution to this. The new ALU+ and Antao
products and the i.life and Architectura collections were well received by the
market. From a regional perspective, EMEA (Europe, Middle East, Africa)
recorded strong growth of 13.4%, while the Asia-Pacific and Americas regions
saw a decline in sales of 26.9%. Overall, the Bathroom & Wellness division
succeeded in achieving operating EBIT of €52.5 million in the third quarter of
2025, in line with the previous year.
Dining & Lifestyle slightly above previous year’s level
The Dining & Lifestyle division generated sales of €207.6 million in the first
nine months of the 2025 financial year. It is particularly pleasing that sales in
the pure product business, excluding licensing income, increased by 2.0% to
€207.0 million. Particularly strong growth was achieved in the business with
stationary retail partners (+11.0%) and in the project business for upscale
hotels and restaurants (+8.9%). The Dining & Lifestyle division closed with an
operating profit (EBIT) of €12.6 million, up 3.3% on the previous year.
Outlook for the full year 2025
The market environment remains highly uncertain. As a result of the
continued slow economic recovery in the core markets, the Management
Board of Villeroy & Boch AG is adjusting its forecast for the 2025 financial
year: consolidated sales are expected to increase in the low single-digit
percentage range, while operating EBIT and rolling operating return on net
assets are expected to be slightly below the previous year’s figures.
Investments in property, plant and equipment and intangible assets are
expected to remain slightly below the previous year.
