Corporate press release

GEA kicks off third quarter with several major orders

12 Aug 2019

Technology group GEA acquired several major orders from various industries at the start of the third quarter, making up substantial ground after sluggish order intake from project business in the previous quarter.

GEA Center Düsseldorf

The second quarter of 2019 had seen several customers defer the placement of certain mid- and large-scale orders, which GEA had been expecting to arrive in June. According to initial estimates, these deferrals have already boosted the current quarter order intake by roughly EUR 50 million. GEA’s Business Area Solutions has reported receiving three large-scale orders worth between about EUR 10 million and about EUR 30 million each – two in the field of dairy processing, and one pharmaceuticals order involving the regions of Latin America, Asia Pacific, and Europe. Meanwhile, the Business Area Equipment has already booked parts of a major order for separators. With the overall volume expected in the double-digit million euro range, this is an unusually large order for the separators business. 

“We are particularly pleased that the Business Area Solutions, which recently fell short of expectations, again significantly improved its order intake in the dairy processing sector, among others,” said Stefan Klebert, CEO of GEA Group Aktiengesellschaft. “Nevertheless, project business is set to remain volatile in light of the challenging macroeconomic situation. Customers continue to examine large investments very intensively, which may also lead to delays in larger orders in the future.” 

Media Relations

GEA Group Aktiengesellschaft

Peter-Müller-Str. 12


40468

Düsseldorf


Germany

+49 211 9136-0

About GEA

GEA is one of the world’s largest suppliers of systems and components to the food, beverage and pharmaceutical industries. The international technology group, founded in 1881, focuses on machinery and plants, as well as advanced process technology, components and comprehensive services.

With more than 18,000 employees, the group generated revenues of about EUR 5.4 billion in more than 150 countries in the 2023 fiscal year. GEA plants, processes, components and services enhance the efficiency and sustainability of customer’s production. They contribute significantly to the reduction of CO2 emissions, plastic usage and food waste. In doing so, GEA makes a key contribution toward a sustainable future, in line with the company’s purpose: ”Engineering for a better world“. GEA is listed on the German MDAX the European STOXX® Europe 600 Index and is among the companies comprising the DAX 50 ESG, MSCI Global Sustainability as well as Dow Jones Sustainability World and Dow Jones Sustainability Europe Indices.
 
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