ZURICH, Jan 19 (Reuters) – Geberit (GEBN.S) expects 2023 to be “challenging” for Europe’s building and construction industry, Chief Executive Christian Buhl said on Thursday, after the Swiss plumbing products supplier reported a drop in full-year sales .
Rising interest rates, a focus on upgrading heating rather than sanitation systems to counter rising energy prices and the end of a trend for home improvement projects that caught on during the COVID-19 pandemic were negative factors, he


