GEA Group Aktiengesellschaft, DE0006602006

GEA Group Aktiengesellschaft / DE0006602006

10.07.2024 - 16:07:40

GEA Group Aktiengesellschaft raises guidance for EBITDA margin before restructuring expenses and ROCE for the financial year 2024

EQS-Ad-hoc: GEA Group Aktiengesellschaft / Key word(s): Change in Forecast

10-Jul-2024 / 16:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Due to a very positive operating performance in the first half of the financial year 2024 and based on preliminary figures, GEA Group Aktiengesellschaft is raising its guidance for the financial year 2024 for the EBITDA margin before restructuring expenses from previously 14.5 to 14.8 percent to 14.9 to 15.2 percent and for ROCE from previously 29 to 34 percent to 32 to 35 percent. The guidance for organic sales growth of 2 to 4 percent for the financial year 2024 is confirmed.

The company will publish its complete half-yearly financial report on August 7, 2024.

GEA Group Aktiengesellschaft
Oliver Luckenbach
Head of IR
Phone +49 (0)211 9136 1080

End of Inside Information

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Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Phone: +49 (0)211 9136-0
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich; Regulated Unofficial Market in Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1943641

End of Announcement EQS News Service

1943641  10-Jul-2024 CET/CEST