GEA Group Aktiengesellschaft · ISIN: DE0006602006 · EQS - Company News

GEA again increases profitability in third quarter and records higher order intake

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; reported revenue of EUR 1,350 million at prior-year level (Q3 2023: EUR 1,351 million) EBITDA before restructuring expenses further increased to EUR 217.1...

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06 November 2024 07:30AM
GEA again increases profitability in third quarter and records higher order intake
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...
GEA Group Aktiengesellschaft
11 October 2024 11:30AM
GEA raises earnings forecast for fiscal year 2024 again after strong third quarter
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 ...
GEA Group Aktiengesellschaft
11 October 2024 10:59AM
Change in Forecast
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...
GEA Group Aktiengesellschaft
02 October 2024 07:30AM
GEA achieves mid-term financial targets ahead of schedule and announces ambitious plans for 2030
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...
GEA Group Aktiengesellschaft
26 September 2024 11:00AM
GEA and Believer Meats join forces to scale up cultivated meat production
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, ...
GEA Group Aktiengesellschaft
07 August 2024 07:30AM
GEA boosts profitability in second quarter of 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...
GEA Group Aktiengesellschaft
10 July 2024 04:11PM
GEA raises forecast for EBITDA margin and ROCE for fiscal year 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...
GEA Group Aktiengesellschaft
10 July 2024 04:07PM
GEA Group Aktiengesellschaft raises guidance for EBITDA margin before restructuring expenses and ROCE for the financial year 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 ...
GEA Group Aktiengesellschaft
08 May 2024 07:30AM
GEA continues profitable growth in the first quarter of 2024 and confirms outlook for full year
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...
GEA Group Aktiengesellschaft
30 April 2024 02:30PM
Shareholders approve GEA’s Climate Transition Plan 2040 by an overwhelming 98.4%
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 ...
GEA Group Aktiengesellschaft
30 April 2024 02:30PM
Shareholders approve GEA’s Climate Transition Plan 2040 by an overwhelming 98.4%
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 ...
GEA Group Aktiengesellschaft
30 April 2024 09:30AM
GEA extends CFO Bernd Brinker’s contract ahead of schedule until 2027
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...
GEA Group Aktiengesellschaft
22 March 2024 12:00PM
GEA’s factory in Elsdorf sets new standards in pharmaceutical production
GEA’s factory in Elsdorf sets new standards in pharmaceutical production Groundbreaking ceremony for GEA’s second “Factory of the Future” covering an area of over 40,000 m2 in Elsdorf, Germany Construction work meets the highest sustainability standards in line with the company’s manufacturing strategy All 250 employees from the current locatio...
GEA Group Aktiengesellschaft
15 March 2024 11:00AM
Axel Stepken to succeed Jens Riedl on the Supervisory Board of GEA Group AG
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...
GEA Group Aktiengesellschaft
07 March 2024 07:30AM
GEA sees earnings rise again in fiscal year 2023 and proposes dividend increase
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...
GEA Group Aktiengesellschaft
14 February 2024 11:00AM
GEA invests EUR 18 million in technology center for alternative proteins in the USA
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...
GEA Group Aktiengesellschaft
25 January 2024 12:00PM
Science Based Targets initiative (SBTi) validates 2040 net-zero target
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...
GEA Group Aktiengesellschaft
12 December 2023 09:00AM
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
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...
GEA Group Aktiengesellschaft
11 December 2023 01:30PM
GEA included in the renowned Dow Jones Sustainability World Index for the first time
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...
GEA Group Aktiengesellschaft
08 November 2023 07:30AM
GEA with improved EBITDA margin and strong free cash flow in third quarter; outlook for 2023 confirmed
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...
GEA Group Aktiengesellschaft
07 November 2023 08:26PM
GEA resolves new EUR 400 million share buyback program and cancellation of shares amounting to EUR 700 million
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...
GEA Group Aktiengesellschaft
07 November 2023 08:07PM
GEA Group Aktiengesellschaft resolves share buyback with cancellation of shares in a volume up to EUR 400 million and cancellation of held treasury shares in a buyback volume of around EUR 300 million
The Executive Board of GEA Group Aktiengesellschaft resolved today that the Company will acquire own GEA shares with a value of up to EUR 400 million (not including ancillary acquisition costs) in the period from November 2023 to the beginning of 2025 via the stock exchange using the authorization granted by the Annual General Meeting on 27 April 2...
GEA Group Aktiengesellschaft
21 September 2023 09:00AM
GEA Supervisory Board appoints Bernd Brinker as interim CFO
GEA Supervisory Board appoints Bernd Brinker as interim CFO Düsseldorf (Germany), September 21, 2023 – The Supervisory Board of GEA Group Aktiengesellschaft has appointed Bernd Brinker (58) as interim Chief Financial Officer (CFO) with effect from October 16, 2023. For a period of one year, he will succeed Marcus A. Ketter, who passed away sudden...
GEA Group Aktiengesellschaft
18 September 2023 09:00AM
GEA solutions pave the way for decarbonizing the cement industry
EQS-Media / 18.09.2023 / 09:00 CET/CEST Carbon capture solutions for high-emission industries Carbon capture: GEA solutions pave the way for decarbonizing the cement industry GEA presents carbon capture portfolio as strategic sustainability solution for key high-emission industries Pilot plant at Phoenix Zementwerke i...
GEA Group Aktiengesellschaft
01 September 2023 10:00AM
Andreas Renschler succeeds Jörg Kampmeyer on the Supervisory Board of GEA Group AG
Andreas Renschler succeeds Jörg Kampmeyer on the Supervisory Board of GEA Group AG Düsseldorf, September 1, 2023 – Andreas Renschler, former member of the Management Board of both Daimler AG and Volkswagen AG, joins the Supervisory Board of GEA Group Aktiengesellschaft as a new member by appointment of Düsseldorf Local Court effective September 1...
GEA Group Aktiengesellschaft
31 August 2023 10:15AM
GEA partners with Unilever to improve sustainability on dairy farms
EQS-Media / 31.08.2023 / 10:15 CET/CEST Reducing GHG emissions in dairy farming GEA partners with Unilever to improve sustainability on dairy farms GEA will install its new manure enricher solution ProManure E2950 on four dairy farms supplying milk to Unilever The data will be analyzed to measure the system’s impact o...
GEA Group Aktiengesellschaft
10 August 2023 07:30AM
GEA continues positive performance in second quarter of 2023 and makes major strides toward achieving its sutainability targets
GEA continues positive performance in second quarter of 2023 and makes major strides toward achieving its sustainability targets   Order intake down 1.6 percent on the prior-year level at EUR 1.38 billion (Q2 2022: EUR 1.40 billion), but up by 2.4 percent organically Revenue growth of 5.6 percent (organic: +9.4 percent) to EUR 1.34 billion (Q2...
GEA Group Aktiengesellschaft
07 August 2023 03:01PM
GEA mourns the death of Chief Financial Officer Marcus A. Ketter
GEA mourns the death of Chief Financial Officer Marcus A. Ketter Düsseldorf, August 7, 2023 – With deep sadness, GEA Group Aktiengesellschaft announces the sudden and unexpected death of Chief Financial Officer Marcus A. Ketter, who passed away on Sunday, August 6 at the age of only 55. “We are shocked and devastated by this loss. With Marcus Ke...
GEA Group Aktiengesellschaft
27 June 2023 10:00AM
GEA rolls out TÜV-validated ecolabel for resource-efficient solutions
Sustainable engineering solutions Add Better: GEA rolls out TÜV-validated ecolabel for resource-efficient solutions   Add Better label promotes GEA sustainable solutions that are significantly more resource-efficient than their predecessors Efficiency improvements are calculated according to ISO standards and validated by TÜV Rheinland, a glob...
GEA Group Aktiengesellschaft
27 June 2023 10:00AM
GEA rolls out TÜV-validated ecolabel for resource-efficient solutions
Sustainable engineering solutions Add Better: GEA rolls out TÜV-validated ecolabel for resource-efficient solutions   Add Better label promotes GEA sustainable solutions that are significantly more resource-efficient than their predecessors Efficiency improvements are calculated according to ISO standards and validated by TÜV Rheinland, a glob...
GEA Group Aktiengesellschaft
11 May 2023 02:15PM
GEA invests EUR 50 million in German centrifuge production sites
130 years of GEA Separation GEA invests EUR 50 million in German centrifuge production sites   Modernization of centrifuge production facilities in Oelde and Niederahr Investments enable further growth in important GEA industries: food, beverage and pharmaceutical Focus on sustainable production, including digitalized and automated processes  ...
GEA Group Aktiengesellschaft
11 May 2023 02:15PM
GEA invests EUR 50 million in German centrifuge production sites
130 years of GEA Separation GEA invests EUR 50 million in German centrifuge production sites   Modernization of centrifuge production facilities in Oelde and Niederahr Investments enable further growth in important GEA industries: food, beverage and pharmaceutical Focus on sustainable production, including digitalized and automated processes  ...
GEA Group Aktiengesellschaft
05 May 2023 07:30AM
GEA raises outlook for 2023 following strong first quarter
GEA raises outlook for 2023 following strong first quarter   Order intake rises to a new record of EUR 1.58 billion (Q1 2022: EUR 1.54 billion) Revenue growth of 12.8 percent (organic: 13.9 percent) to EUR 1.27 billion (Q1 2022: EUR 1.13 billion) EBITDA before restructuring expenses improved by a significant 24.3 percent to EUR 172 million (Q...
GEA Group Aktiengesellschaft
05 May 2023 07:30AM
GEA raises outlook for 2023 following strong first quarter
GEA raises outlook for 2023 following strong first quarter   Order intake rises to a new record of EUR 1.58 billion (Q1 2022: EUR 1.54 billion) Revenue growth of 12.8 percent (organic: 13.9 percent) to EUR 1.27 billion (Q1 2022: EUR 1.13 billion) EBITDA before restructuring expenses improved by a significant 24.3 percent to EUR 172 million (Q...
GEA Group Aktiengesellschaft
27 April 2023 02:30PM
Supervisory Board Chairman Professor Dieter Kempf confirmed by Annual General Meeting
Annual General Meeting Supervisory Board Chairman Professor Dieter Kempf confirmed by Annual General Meeting Düsseldorf (Germany), April 27, 2023 – Professor Dieter Kempf was confirmed by a large majority at today’s Annual General Meeting of GEA Group Aktiengesellschaft – the first to be held virtually after the lifting of COVID restrictions, wh...
GEA Group Aktiengesellschaft
27 April 2023 02:30PM
Supervisory Board Chairman Professor Dieter Kempf confirmed by Annual General Meeting
Annual General Meeting Supervisory Board Chairman Professor Dieter Kempf confirmed by Annual General Meeting Düsseldorf (Germany), April 27, 2023 – Professor Dieter Kempf was confirmed by a large majority at today’s Annual General Meeting of GEA Group Aktiengesellschaft – the first to be held virtually after the lifting of COVID restrictions, wh...
GEA Group Aktiengesellschaft
07 March 2023 07:30AM
GEA exceeds upgraded targets for 2022 and proposes higher dividend
GEA exceeds upgraded targets for 2022 and proposes higher dividend   Order intake up 8.7 percent (organic: +7.6 percent) to EUR 5.68 billion (2021: EUR 5.22 billion) Revenue up 9.8 percent (organic: +8.9 percent) to EUR 5.16 billion (2021: EUR 4.70 billion) EBITDA before restructuring expenses 14 percent higher at EUR 712 million (2021: EUR 62...
GEA Group Aktiengesellschaft
07 March 2023 07:30AM
GEA exceeds upgraded targets for 2022 and proposes higher dividend
GEA exceeds upgraded targets for 2022 and proposes higher dividend   Order intake up 8.7 percent (organic: +7.6 percent) to EUR 5.68 billion (2021: EUR 5.22 billion) Revenue up 9.8 percent (organic: +8.9 percent) to EUR 5.16 billion (2021: EUR 4.70 billion) EBITDA before restructuring expenses 14 percent higher at EUR 712 million (2021: EUR 62...
GEA Group Aktiengesellschaft
18 January 2023 01:00PM
GEA recognized as Top Employer in Germany
GEA recognized as “Top Employer” in Germany Düsseldorf, January 18, 2023 – GEA is one of the best employers in the country – as confirmed by the Top Employers Institute. The company was awarded the Top Employer seal for 2023 for its attractive working conditions. In its assessment, the Top Employers Institute highlighted the strong performance i...
GEA Group Aktiengesellschaft
12 January 2023 10:30AM
alternative proteins constitute at least a quarter of all food by 2040
New Food Frontiers GEA international chef survey: alternative proteins constitute at least a quarter of all food by 2040   23% of the chefs surveyed even expect that more than half of food will be produced using alternative protein sources by 2040 90% have observed a growing interest in alternatives to conventional meat and milk-based products...
GEA Group Aktiengesellschaft
03 January 2023 11:30AM
GEA successfully completes share buyback program
GEA successfully concludes share buyback program   Düsseldorf (Germany), January 3, 2023 – GEA Group Aktiengesellschaft has successfully concluded its share buyback program, amounting to a total of around EUR 300 million in two tranches. Between August 16, 2021 and December 30, 2022, a total of 8,161,096 shares were repurchased on the stock mark...
GEA Group Aktiengesellschaft
13 December 2022 02:00PM
GEA achieves inclusion in the renowned Dow Jones Sustainability Europe Index
Sustainability leadership GEA achieves inclusion in renowned Dow Jones Sustainability Europe Index GEA selected for inclusion in DJSI Europe based on significant improvement in S&P Global Corporate Sustainability Assessment score GEA is the only German company to be added to the DJSI Europe in this year’s annual review CEO Stefan Klebert: ...
GEA Group Aktiengesellschaft
13 December 2022 02:00PM
GEA achieves inclusion in the renowned Dow Jones Sustainability Europe Index
Sustainability leadership GEA achieves inclusion in renowned Dow Jones Sustainability Europe Index GEA selected for inclusion in DJSI Europe based on significant improvement in S&P Global Corporate Sustainability Assessment score GEA is the only German company to be added to the DJSI Europe in this year’s annual review CEO Stefan Klebert: ...
GEA Group Aktiengesellschaft
15 November 2022 02:00PM
GEA presents eco-friendly manure management solution with strategic partner N2 Applied
Sustainable farming GEA presents eco-friendly manure management solution with strategic partner N2 Applied Partnership complements GEA’s solutions for sustainable farming N2 Applied solution reduces 99% of methane emissions from manure storage and spreading The new manure processing unit will support dairy farmers in reaching their sustainabil...
GEA Group Aktiengesellschaft
15 November 2022 02:00PM
GEA presents eco-friendly manure management solution with strategic partner N2 Applied
Sustainable farming GEA presents eco-friendly manure management solution with strategic partner N2 Applied Partnership complements GEA’s solutions for sustainable farming N2 Applied solution reduces 99% of methane emissions from manure storage and spreading The new manure processing unit will support dairy farmers in reaching their sustainabil...
GEA Group Aktiengesellschaft
07 November 2022 03:15PM
GEA breaks ground in Janesville, USA
EQS-Media / 07.11.2022 / 15:15 CET/CEST GEA breaks ground on new U.S. facility in Janesville, Wisconsin Greenfield site to bring GEA closer to Midwest customer base Building constructed as net-zero facility Over 70 jobs will be created at the new site Investment about USD 20 million Opening is scheduled for late 2023   Janesville (USA)...
GEA Group Aktiengesellschaft
07 November 2022 03:15PM
GEA breaks ground in Janesville, USA
EQS-Media / 07.11.2022 / 15:15 CET/CEST GEA breaks ground on new U.S. facility in Janesville, Wisconsin Greenfield site to bring GEA closer to Midwest customer base Building constructed as net-zero facility Over 70 jobs will be created at the new site Investment about USD 20 million Opening is scheduled for late 2023   Janesville (USA)...
GEA Group Aktiengesellschaft
04 November 2022 07:30AM
GEA raises outlook for 2022 following strong third quarter
GEA raises outlook for 2022 following strong third quarter  Order intake growth of 1.6 percent (organic: -0.7 percent) to EUR 1.37 billion (Q3 2021: EUR 1.35 billion) Revenue 12.9 percent higher (organic: +10.2 percent) at EUR 1.35 billion (Q3 2021: EUR 1.2 billion) EBITDA before restructuring expenses up 17 percent to EUR 199 million (Q3 2021:...
GEA Group Aktiengesellschaft
More GEA Group Aktiengesellschaft related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 5 1st October 2024 Stepken, Prof. Dr. Axel DD
Short Seller (DE) 11 21st November 2023 Marshall Wace LLP SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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