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Geberit falls after in-line Q3 profitability, analyst points to profit-taking

By Reuters News

** Shares in Geberit GEBN.S fall 2.5%, brokerage Vontobel points to profit taking after the Swiss plumbing supplier reported in-line third quarter profitability

** "Some profit-taking is likely, as today's numbers were only in line," says Manuel Lang, Vontobel analyst, noting a nearly 15% growth in the stock's value over the past month

** Geberit posted an adjusted third quarter EBITDA margin of 30.2%, which Vontobel says roughly met consensus

** Lang adds that price hikes were not enough to offset higher raw material and freight costs

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