GEA Mourns the Death of Chief Financial Officer Marcus A. Ketter

GEA will invest around EUR 50 million in the modernization of its German centrifuge production facilities in Oelde (North Rhine-Westphalia) and Niederahr (Rhineland-Palatinate) by the end of 2024. The engineering group made the announcement at a press conference marking the 130th anniversary of GEA separation technology at its Oelde site.

赫亚已经上调了2023财政年度fo的前景llowing a strong first quarter. Revenue is now forecast to grow on an organic basis by more than 8.0 percent (previously: more than 5.0 percent). EBITDA before restructuring expenses at constant exchange rates is expected to be at the upper part of the range between EUR 730 million and 790 million (previously: range between EUR 730 million and 790 million).

Professor Dieter Kempf was confirmed by a large majority at Annual General Meeting of GEA Group Aktiengesellschaft – the first to be held virtually after the lifting of COVID restrictions, while still ensuring all shareholder rights.

In another challenging year, GEA succeeded in increasing all key performance indicators in fiscal year 2022. Order intake rose by a substantial 8.7 percent to EUR 5.68 billion and revenue grew significantly by 9.8 percent to EUR 5.16 billion. EBITDA before restructuring expenses climbed 14 percent to EUR 712 million and the corresponding EBITDA margin increased once again by 0.5 percentage points to 13.8 percent.

GEA is one of the best employers in the country – as confirmed by the Top Employers Institute. The company was awarded the Top Employer seal for 2023 for its attractive working conditions.

GEA Group Aktiengesellschaft has been selected to become a constituent of the Dow Jones Sustainability Europe Index (DJSI Europe) effective December 19, 2022. In this year’s review, GEA is the only German company to be added into the DJSI Europe.