GEA Group AG

Earnings Release • Jul 10, 2024

News Details

Ad-hoc | 10 July 2024 16:07

GEA Group Aktiengesellschaft raises guidance for EBITDA margin before restructuring expenses and ROCE for the financial year 2024

GEA Group Aktiengesellschaft / Key word(s): Change in Forecast

GEA Group Aktiengesellschaft raises guidance for EBITDA margin before restructuring expenses and ROCE for the financial year 2024

10-Jul-2024 / 16:07 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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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 to 34 percent to 32 to 35 percent. The guidance for organic sales growth of 2 to 4 percent for the financial year 2024 is confirmed.

The company will publish its complete half-yearly financial report on August 7, 2024.

Contact:

GEA Group Aktiengesellschaft

Oliver Luckenbach

Head of IR

Phone +49 (0)211 9136 1080

oliver.luckenbach@gea.com

End of Inside Information

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10-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	GEA Group Aktiengesellschaft
	Peter-Müller-Straße 12
	40468 Düsseldorf
	Germany
Phone:	+49 (0)211 9136-0
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, Tradegate Exchange
EQS News ID:	1943641

End of Announcement	EQS News Service