GEA Group AG
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FIGI: BBG000BSV6W2
G1A
GEA Group AG
GICS: 20106020
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Sector: Industrial equipment
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Sub-Sector: -
NAME
GEA Group AG
ISIN
DE0006602006
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EQS Newswire is a major provider of regulatory and corporate news. It mainly serves companies, investors and media worldwide. Through its services, EQS Newswire enables efficient and secure communication between companies and their stakeholders. Its main services include the distribution of ad hoc announcements, corporate news and the publication of financial reports that meet strict international standards.
Wed, 06.11.2024
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 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 ...
Fri, 11.10.2024
Due to a very positive operating performance in the first 9 months and expectations for the remainder of the financial year 2024, GEA Group Aktiengesellschaft is raising its guidance for the financial year 2024 based on preliminary figures. The company now expects the EBITDA margin before restructuring expenses to increase from previously 14.9 to 1...
Wed, 02.10.2024
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 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 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 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, 10.07.2024
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 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
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 ...
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