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  • 313

    GEA achieves Gold Standard in EcoVadis sustainability ranking

    GEA has for the first time achieved the ranking of “Gold Standard” in the EcoVadis sustainability assessment.

  • 223

    GEA to propose two new Supervisory Board members to AGM

    The Supervisory Board of GEA Group Aktiengesellschaft has reached further decisions for an orderly membership transition in the Supervisory Board, following December’s nomination of Klaus Helmrich as the successor to the current Chairman, Dr. Helmut Perlet. Jean E. Spence and Ahmad M.A. Bastaki have both informed the Board that they will not stand at the next election of shareholder representatives.

  • 43

    GEA significantly increases profitability in 2020 and expects revenue and earnings growth in 2021

    In 2020, GEA further strengthened its operational results and its financial and net asset position in a highly challenging economic environment. Despite the Covid-19 pandemic, both order intake (EUR 4,703 million) and revenue (EUR 4,635 million) declined only slightly. EBITDA before restructur-ing measures (EUR 532 million) and ROCE (17.1 percent) increased substantially. Net liquidity also rose significantly, increasing by EUR 374 million to EUR 402 million. On this basis, GEA will propose a stable dividend of EUR 0.85 per share to its shareholders. The company expects increased revenue and earnings in 2021.