To accompany an investor conference in New York, Düsseldorf-based engineering company GEA announced that organic revenue growth in fiscal 2014 is now expected to amount to approximately 5 percent. It thus lies within the expected long-term growth corridor for organic revenue of 4 to 6 percent. Prior to this, the Group had only been expecting moderate organic revenue growth for 2014.
As a result of the stable order intake in the second half of the year compared with the prior-year period, the preliminary order intake for the past fiscal year amounts to EUR 4.5 billion. It should be emphasized that, despite the increasingly tense global economic situation, GEA remained committed to its policy of consciously selecting orders on the basis of their price quality and contract terms.
GEA will issue preliminary key figures for fiscal 2014 and the outlook for 2015 on February 4, 2015. The audited annual report will be published on March 9, 2015.