GEA Group AG

Management Reports • Oct 11, 2024

News Details

Ad-hoc | 11 October 2024 10:59

GEA Group Aktiengesellschaft: Change in Forecast

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

GEA Group Aktiengesellschaft: Change in Forecast

11-Oct-2024 / 10:59 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 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 15.2 percent to 15.4 to 15.6 percent. The guidance for organic sales growth of 2 to 4 percent and for ROCE of 32 to 35 percent for the financial year 2024 is confirmed.

The company will publish its complete statement for the 3 rd quarter on November 6, 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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11-Oct-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:	2007009

End of Announcement	EQS News Service