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GEA Group AG (G1AG.DE)

G1AG.DE on Xetra

31.37EUR
8:38pm IST
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€0.29 (+0.93%)
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€31.08
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€30.94
Volume
290,251
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501,508
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€42.88
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€30.76

Latest Key Developments (Source: Significant Developments)

GEA eyeing internal, external candidates for new CEO
Thursday, 19 Apr 2018 

April 19 (Reuters) - GEA Group AG ::CHAIRMAN SAYS WE ARE LOOKING AT INTERNAL AND EXTERNAL CANDIDATES FOR NEW CEO.CHAIRMAN SAYS WE ARE NOT LOOKING FOR A COST-CUTTER BUT SOMEONE WHO CAN DEVELOP THE BUSINESS.CHAIRMAN SAYS CEO SEARCH HAS PRIORITY, SO THAT THE PERSON CAN HELP FIND CFO.  Full Article

GEA's CFO to take early retirement from his position on the executive board
Thursday, 19 Apr 2018 

April 18 (Reuters) - GEA Group AG ::GEA'S CFO TO TAKE EARLY RETIREMENT FROM HIS POSITION ON THE EXECUTIVE BOARD.CHIEF FINANCIAL OFFICER OF GEA GROUP AKTIENGESELLSCHAFT, HAVE MUTUALLY AGREED THAT HELMUT SCHMALE WILL STEP DOWN FROM EXECUTIVE BOARD.SUPERVISORY BOARD IS SEEKING TO APPOINT A CEO AND A CFO IN NEAR FUTURE TO ENSURE AN ORDERLY OVERALL TRANSITION OF LEADERSHIP.PENDING DECISION ON HIS SUCCESSOR, HELMUT SCHMALE WILL CONTINUE TO PERFORM HIS PRESENT TASKS AND RESPONSIBILITIES.  Full Article

GEA Group Renews Executive Board Mandates
Friday, 9 Mar 2018 

March 9 (Reuters) - GEA Group AG ::GEA GROUP AKTIENGESELLSCHAFT: GEA RENEWS EXECUTIVE BOARD MANDATES OF STEFFEN BERSCH AND NIELS ERIK OLSEN.  Full Article

GEA Group Sees Preliminary 2017 ‍Revenue Up To About 4.58 Bln Euros
Tuesday, 23 Jan 2018 

Jan 22 (Reuters) - GEA Group AG ::‍RELEASES PRELIMINARY FIGURES 2017 AND AN INITIAL INDICATION FOR 2018 FISCAL YEAR​.SEES PRELIMINARY 2017 ‍REVENUE IS UP BY ALMOST 2 PERCENT TO APPROXIMATELY EUR 4,580 MILLION (PREVIOUS YEAR EUR 4,492 MILLION)​.FY ‍OPERATING EBITDA EXPECTED TO AMOUNT TO APPROXIMATELY EUR 565 MILLION VERSUS PREVIOUS YEAR EUR 566 MILLION​.‍GEA ANTICIPATES THAT CURRENT ANALYST CONSENSUS EXPECTATIONS FOR COMPANY'S 2018 RESULTS WILL NOT BE MET​.GEA GROUP SEES 2018 REVENUE TO BE ON PRIOR-YEAR LEVEL PLUS CONTRIBUTION OF ABOUT EUR 190 MILLION FROM ACQUISITIONS BETWEEN BEGINNING OF 2017 AND TODAY​.  Full Article

GEA Closes Acquisition Of Vipoll
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Gea Group AG ::DGAP-NEWS: GEA GROUP AKTIENGESELLSCHAFT: GEA CLOSES ACQUISITION OF VIPOLL.  Full Article

GEA sells its ice machine activities in France
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - GEA Group AG :Says sells its ice machine activities in France.Says ‍turnover of unit was around eur 12.5 million in 2016​.  Full Article

German food-processing machinery maker GEA cuts 2017 targets
Saturday, 15 Jul 2017 

July 15 (Reuters) - GEA Group says:For Q2 2017 expects an order intake of approx. Eur 1,241 million (prior year: eur 1,222 million).Q2 revenues of approx. eur 1,141 million (prior year: eur 1,157 million), operating ebitda of approx. eur 122 million (prior year: eur 145 million).Decline at group level was mainly caused in business area solutions, in particular by volume- and margin-mix effects.For 2017 now expects instead of previously eur 620 million to eur 670 million an operating ebitda in range of eur 600 million to eur 640 million.Moderate growth of revenues is confirmed as previously guided.  Full Article

Gea group secures first-of-a-kind pharma order from Hanmi Pharmaceutical
Thursday, 9 Feb 2017 

GEA Group AG : Secures first-of-a-kind pharma order from Hanmi Pharmaceutical .Multimillion euro order, received and booked as order intake in 2016, is scheduled for completion during 2017.  Full Article

Gea posts record Q2 core earnings
Thursday, 28 Jul 2016 

Gea Group AG says : Increases operating ebitda margin to 12.6 percent in Q2, Ebitda at 145.2 million eur . Organic growth in order intake of 7.3 percent to 1.22 billion euros. . Revenue in Q2 was on a par with previous year . Robust order intake coupled with very good order-backlog figures are an excellent basis for realising our full-year targets .Q2 Earnings per share 0.43 euros.  Full Article

Deals of the day-Mergers and acquisitions

June 18 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: