GEA’s order intake grew by 7.7 percent to EUR 4,423 million in the first nine months of 2012. Order intake in Q3 increased against the previous quarter by 5.4 percent to EUR 1,477 million. Revenue in the first nine months of 2012 was up 8.4 percent, at EUR 4,101 million.

At EUR 89.4 million, group earnings in the third quarter were up by 4.1 percent year-on-year. This corresponds to earnings per share of EUR 0.48 in the third quarter of 2012 after adjustment for increase in the number of shares, following EUR 0.47 in the comparable prior-year period. Net debt as of September 30, 2012, (EUR 621.7 million) improved by EUR 108.8 million compared with June 30, 2012 (EUR 730.4 million).

As part of the legal settlement reached in the award proceedings, the subscribed capital was increased by approximately EUR 11.0 million in the quarter under review by the issuance of around 4.1 million no-par value shares in two tranches. The issuance of new shares will be completed in the fourth quarter with the third tranche.

The maturity structure of the company’s bank loans was extended in the quarter under review using a borrower’s note loan. This means that 80 percent of all loans will not fall due within the next 3.5 years.

“The improvement of our net debt by around EUR 110 million in the third quarter shows our strong focus on liquidity,” said Jürg Oleas, Chairman of the Executive Board of GEA Group Aktiengesellschaft.