Statement for the Third Quarter (July 1 – September 30, 2019)

Statement for the Third Quarter (July 1 – September 30, 2019)

The Statement for the Third Quarter of GEA Group Aktiengesellschaft and the webcast of the analyst conference call can be found here.

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  • 21nov.
    2019

    GEA completes additional measure to optimize the Business Area Solutions

    In November, GEA sold de Klokslag to Evert IJntema and Jan Dijkema. De Klokslag, which is one of Europe’s leading manufacturers of large-scale plants for hard and semi hard cheese, has roughly 80 employees and, according to the latest figures, generates an annual revenue of around EUR 15 million.

  • 7nov.
    2019

    Helmut Korthöber named Chief Service Officer of GEA Farm Technologies division

    The new three-member Management Board of the GEA Farm Technologies division have all officially been appointed: Peter Lauwers will transfer from Atlas Copco to GEA on February 1, 2020, and assume the position of CEO. He will be joined by Helmut Korthöber, who assumed the newly created position of Chief Service Officer (CSO) for GEA Farm Technologies division as of November 1, 2019. Erkul Basaran, who has worked successfully for GEA for more than eight years – most recently as Head of Finance – was appointed CFO of the division already in September of this year.

  • 25oct.
    2019

    GEA posts increase in order intake and revenue in the third quarter, raising 2019 revenue outlook slightly

    Technology group GEA posted an increase in both order intake and revenue in the third quarter of 2019. Order intake rose to EUR 1.25 billion in the last quarter, an increase of around 5 percent compared to the same quarter in 2018. Both basic business and six large projects (three of which were awarded in dairy processing) contributed to this positive development.