DGAP-News: GEA Group Aktiengesellschaft / Key word(s):
Forecast/Incoming Orders
GEA Group Aktiengesellschaft: GEA raises revenue expectations for
fiscal 2014
12.01.2015 / 13:00
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GEA raises revenue expectations for fiscal 2014
Düsseldorf/New York, January 12, 2015 - 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.
About GEA Group
GEA Group Aktiengesellschaft is one of the largest suppliers for the food
processing industry and a wide range of process industries that generated
consolidated sales of approximately 4.3 billion euros in 2013. As an
international technology group, the Company focuses on process technology
and components for sophisticated production processes in various end-user
markets. The Group generates more than 70 percent of its revenue in the
sustainably growing food industry. As of September 30, 2014, the Group
employed more than 18,000 people worldwide. GEA Group is a market and
technology leader in its business areas. The Company is listed in Germany's
MDAX stock index (G1A, WKN 660 200). In addition, GEA is a constituent of
one of the MSCI Global Sustainability Indices. Further information is
available on the Internet at www.gea.com.
If you do not want to receive any further information from GEA Group
Aktiengesellschaft, please send an email to pr@gea.com or call us.
Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
www.gea.com
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12.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-StraÃe 12
40468 Düsseldorf
Germany
Phone: +49 (0)211 9136-0
Fax: +49 (0)211 9136-31087
E-mail: ir@gea.com
Internet: www.gea.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München; Freiverkehr in Hannover,
Stuttgart
End of News DGAP News-Service
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312143 12.01.2015
DGAP-News: GEA Group Aktiengesellschaft: GEA raises revenue expectations for fiscal 2014
| Source: EQS Group AG