12.01.2016 11:00:01
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DGAP-News: GEA Group AG
DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Incoming Orders
GEA Group Aktiengesellschaft: GEA reports record order intake in Q4/15 while
new structure picks up speed
12.01.2016 / 11:00
The issuer is solely responsible for the content of this announcement.
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GEA reports record order intake in Q4/15 while new structure picks up speed
Düsseldorf, January 12, 2016 - At the occasion of an investor conference in
New York, GEA announced an order intake for Q4 2015 of at least EUR 1.240
million, which exceeds the old record of Q2 2013, when orders reached EUR
1.220 million. This represents an increase of at least 7.1 percent against
prior year's fourth quarter. Larger orders from a broad range of customer
industries contributed to this record quarterly order intake, giving
evidence of GEA's resilience against adverse underlying commodity prices -
as for example a still depressed milk price - impacting the overall
investment mood in particular industries.
"The achievement of this order intake is the result of an extraordinary
effort of GEA's employees across all levels and functions in the new OneGEA
organization and highlights that customers seek and trust in GEA's
engineering products and solutions more than ever", said Jürg Oleas, CEO of
GEA. "2015 was a very special year for GEA, as the group made a fundamental
transition from an agglomeration of smaller businesses towards an
integrated group, taking out complexity costs by reducing the number of
management layers. While all this fundamental change was happening inside
the company, GEA's employees showed their real strength by staying focused
on customers and markets to achieve the highest order intake ever in any
quarter."
GEA will issue the full scope of preliminary key figures for fiscal 2015
and the outlook for FY 2016 on February 4, 2016. GEA's audited annual
report will be published on March 10, 2016.
About GEA
GEA is one of the largest suppliers for the food processing industry and a
wide range of process industries that generated consolidated revenues of
approximately EUR 4.5 billion in 2014. As an international technology
group, the Company focuses on process technology and components for
sophisticated production processes in various end-user markets. The Group
generates more than 70 percent of its revenue in the food sector that
enjoys long-term sustainable growth. As of September 30, 2015, the Company
employed around 18,000 people worldwide. GEA is a market and technology
leader in its business areas. The Company is listed in Germany's MDAX (G1A,
WKN 660 200). In addition, GEA's share is a constituent of the MSCI Global
Sustainability Indexes. Further information is available on the Internet at
www.gea.com.
If you do not want to receive any further information from GEA, please send
an email to pr@gea.com.
Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
www.gea.com
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12.01.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Germany
Phone: +49 (0)211 9136-0
Fax: +49 (0)211 9136-31087
E-mail: ir@gea.com
Internet: www.gea.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Munich; Regulated Unofficial Market in
Hanover, Stuttgart
End of News DGAP News Service
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428521 12.01.2016
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