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Wed, 10.07.2024       GEA Group Aktiengesellschaft

Due to a very positive operating performance in the first half of the financial year 2024 and based on preliminary figures, GEA Group Aktiengesellschaft is raising its guidance for the financial year 2024 for the EBITDA margin before restructuring expenses from previously 14.5 to 14.8 percent to 14.9 to 15.2 percent and for ROCE from previously 29  [ … ]
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 [ … ]

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Friday, 12.07.2024, Calendar Week 28, 194th day of the year, 172 days remaining until EoY.