GEA Investor Relations
Düsseldorf (Germany), May 19, 2020 – Global process technology and solutions provider, GEA, has been chosen by innocent Ltd., a leading European smoothie and juice manufacturer, as a key technology partner for the design and construction of what will be an industry-leading, carbon-neutral juice manufacturing plant in the Netherlands. Scheduled to open in 2021, the innocent facility will produce 400 million bottles of chilled juice every year for the European market, which amounts to about 60 percent of the company’s annual production of bottled juices.
With the coronavirus crisis affecting operating business only to a very minor extent in the first quarter of 2020, technology group GEA began the current financial year with significant increases in both order intake and EBITDA before restructuring measures. These positive developments were achieved largely due to the new group organization introduced in January as well as to operational improvements resulting from measures introduced last year to increase efficiency in the group.
GEA recently supported the Bethel foundation, the largest helping organization of its kind in Germany, with a donation of 5,000 mouth and nose protective masks.
Analysts' presentation - new organizational structure