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DE0006602006
Wed, 08.05.2024
GEA Group Aktiengesellschaft
GEA continues profitable growth in the first quarter of 2024 and confirms outlook for full year
Order intake down 13.6 percent to EUR 1,365 million (Q1 2023: 1,581 million), as expected, primarily due to very strong prior-year quarter and negative currency translation effects; organic decrease of 9.7 percent
Revenue with organic growth of 2.7 [ … ]
Tue, 30.04.2024
GEA Group Aktiengesellschaft
GEA extends Chief Financial Officer Bernd Brinker’s contract until 2027
Düsseldorf, April 30, 2024 – At its meeting today, GEA Group Aktiengesellschaft’s Supervisory Board extended the appointment of Bernd Brinker (59) as Chief Financial Officer (CFO) ahead of schedule until June 30, 2027. A member of the Executive Board since October 16, 2023, h [ … ]
Fri, 15.03.2024
GEA Group Aktiengesellschaft
Axel Stepken to succeed Jens Riedl on the Supervisory Board of GEA Group AG
Düsseldorf, March 15, 2024 – Prof. Dr.-Ing. Axel Stepken, CEO of TÜV SÜD Stiftung, will stand for election by shareholders as a new member of the Supervisory Board of GEA Group Aktiengesellschaft at the Annual General Meeting on April 30, 2024. In the event of his elect [ … ]
Thu, 07.03.2024
GEA Group Aktiengesellschaft
GEA sees earnings rise again in fiscal year 2023 and proposes dividend increase
Organic order intake growth of 0.8 percent; reported order intake down 3.7 percent to EUR 5,469 million (2022: EUR 5,679 million)
Organic revenue up by 8.4 percent; on a reported basis, revenue rose 4.0 percent to EUR 5,373 million (2022: EUR 5,165 million)
EBITDA b [ … ]
Wed, 14.02.2024
GEA Group Aktiengesellschaft
Accelerating new food scale-up
GEA invests EUR 18 million in technology center for alternative proteins in the USA
GEA is to establish EUR 18 million technology center for sustainable alternatives to meat, dairy, seafood and egg in the USA
Significant demand for technology in the fast-growing U.S. new food market
Ground-breaking in spring 2024 [ … ]
Thu, 25.01.2024
GEA Group Aktiengesellschaft
Climate action pioneer
GEA achieves key milestone: Science Based Targets initiative (SBTi) validates 2040 net-zero target
Duesseldorf (Germany), January 25, 2024 – The Science Based Targets initiative has validated GEA’s 2040 net-zero target. This is based on a scientifically validated assessment of the climate targets and the associated reductio [ … ]
Tue, 12.12.2023
GEA Group Aktiengesellschaft
Climate Transition Plan 2040
GEA ups ambitious climate targets and is the first company in the DAX index family to ask shareholders to vote on its path to net zero
The company aims to pass “Say on Climate” resolution on its Climate Transition Plan 2040 at next Annual General Meeting
Medium-term climate targets for 2030 raised for the entire va [ … ]
Mon, 11.12.2023
GEA Group Aktiengesellschaft
Sustainability leadership
GEA included in the renowned Dow Jones Sustainability World Index for the first time
GEA continues to improve significantly in the S&P Global Corporate Sustainability Assessment
GEA is the only German company to be included in the DJSI World in 2023
GEA included in DJSI Europe for second consecutive year
Düsseldor [ … ]
Wed, 08.11.2023
GEA Group Aktiengesellschaft
GEA with improved EBITDA margin and strong free cash flow in third quarter; outlook for 2023 confirmed
Order intake down 9.1 percent to EUR 1,247 million (Q3 2022: EUR 1,372 million), particularly due to negative currency effects of EUR 96 million; slight organic decline of 1.7 percent
Organic revenue growth of 6.9 percent; reported revenue s [ … ]
Tue, 07.11.2023
GEA Group Aktiengesellschaft
GEA resolves new EUR 400 million share buyback program and cancellation of shares amounting to EUR 700 million
The new program is scheduled to begin in November 2023, with an initial tranche in the amount of up to EUR 150 million
The repurchased shares are to be canceled no later than upon completion of the program, without reducing the share ca [ … ]