Villeroy & Boch Integrates Ideal Standard's March Figures For The First Time

UK: As a result of acquisition, the Villeroy & Boch Group generated consolidated revenue (including license income) of € 277.1 million (US$ 300 million) in the first quarter of 2024, an increase of € 47.8 million (US$ 51.83 million) or 20.8% over the corresponding period in the prior year. As of March 1, 2024, Ideal Standard contributed € 57.1 million (US$ 61.92 million) to consolidated revenue. Revenue growth was documented nearly across all business sectors, with fittings and ceramic sanitary ware being particularly noteworthy. The Bathroom & Wellness Division matched the level of the prior year with an operating EBIT of €17.4 million (US$ 18.86 million) in the first quarter of 2024.