Cementing its position as a market leader within the bathroom industry, sanitary solutions and piping systems manufacturer Geberit has been named as one of the world’s most innovative companies by Forbes.
The Swiss brand, which has a UK headquarters in Warwick and stockists throughout the country, joins such household names as Amazon, Starbucks and Visa in the top 100 most innovative companies worldwide. Ranked at number 85 on the list, Geberit is officially more innovative than major names from Coca-Cola to ITV.
The rankings are based on what the US business magazine calls an innovation premium (IP), the difference between a firm’s enterprise value and a net present value of cash flows from its existing businesses. According to Forbes, only those industries that are known to invest in innovation are included.
With innovation as one of its core values, Geberit invests significantly in research and development, securing its long-held position as a market-leader in the bathroom sector. Critical to its on-going success, this Commitment to Innovation is founded on basic research in areas including hygiene and acoustics.
Such innovations include the Geberit Duofix framing system, which simplifies the installation process of wall-hung sanitaryware and Geberit AquaClean, the leading shower toilet range that introduces the very latest in WC technology into the bathroom. Geberit Mapress press fitting system is also revolutionising the way pipework is fitted in buildings as much today as when it was first launched more than 50 years ago.
“It is a real honour to be ranked among the 100 most innovative companies in the world by Forbes,” comments Mark Larden, Geberit Managing Director. “This position reflects the value that the company has within its DNA and what we deliver each day to our customers.”
For further information contact Geberit on 01926 516800, visit www.geberit.co.uk