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Wed, 06.11.2024       GEA Group Aktiengesellschaft

FOR IMMEDIATE RELEASE – Düsseldorf, November 6, 2024   GEA again increases profitability in third quarter and records higher order intake Significant 6.6 percent organic increase in order intake on prior-year quarter; reported increase of 4.3 percent to EUR 1,301 million (Q3 2023: EUR 1,247 million) Organic revenue growth of 1.4 percent; repor [ … ]
Fri, 11.10.2024       GEA Group Aktiengesellschaft

GEA raises earnings forecast for fiscal year 2024 again after strong third quarter Duesseldorf (Germany), October 11, 2024 – Based on the very positive operating performance in the first nine months of fiscal year 2024 – particularly in the third quarter – and the expectations for the full year 2024, GEA Group Aktiengesellschaft is again raising  [ … ]
Wed, 02.10.2024       GEA Group Aktiengesellschaft

Capital Markets Day GEA achieves mid-term financial targets ahead of schedule and announces ambitious plans for 2030 Financial targets of Mission 26 growth strategy met two years earlier than planned Organic revenue to grow by an average of more than five percent annually up to 2030 EBITDA margin to increase to between 17 and 19 percent by 203 [ … ]
Thu, 26.09.2024       GEA Group Aktiengesellschaft

GEA and Believer Meats join forces to scale up cultivated meat production Wilson (USA) / Duesseldorf (Germany), September 26, 2024 – Believer Meats, a pioneer in the cultivated meat industry, has signed a strategic partnership agreement with GEA, one of the world’s largest suppliers of production scale equipment and systems to the food, beverage,  [ … ]
Wed, 07.08.2024       GEA Group Aktiengesellschaft

GEA boosts profitability in second quarter of 2024 Order intake down 3.5 percent in organic terms; reported order intake down 6.7 percent to EUR 1,289 million (Q2 2023: EUR 1,381 million) Organic revenue growth of 1.6 percent; reported revenue down by 1.4 percent to EUR 1,323 million (Q2 2023: EUR 1,342 million) EBITDA before restructuring expe [ … ]
Wed, 10.07.2024       GEA Group Aktiengesellschaft

GEA raises forecast for EBITDA margin and ROCE for fiscal year 2024 Düsseldorf, July 10, 2024 – Due to the very positive operating performance in the first half of fiscal year 2024, GEA Group Aktiengesellschaft is significantly raising its forecast for the EBITDA margin before restructuring expenses for the full year 2024. Based on preliminary fi [ … ]
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

Shareholders approve GEA’s Climate Transition Plan 2040 by an overwhelming 98.4% Düsseldorf, April 30, 2024 – In a groundbreaking vote at today’s Annual General Meeting, GEA Group AG’s shareholders approved by an overwhelming majority the Climate Transition Plan 2040 presented to them. This consultative vote makes GEA the first member of the DAX  [ … ]
Tue, 30.04.2024       GEA Group Aktiengesellschaft

Shareholders approve GEA’s Climate Transition Plan 2040 by an overwhelming 98.4% Düsseldorf, April 30, 2024 – In a groundbreaking vote at today’s Annual General Meeting, GEA Group AG’s shareholders approved by an overwhelming majority the Climate Transition Plan 2040 presented to them. This consultative vote makes GEA the first member of the DAX  [ … ]
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 [ … ]

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