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11.10.2024 10:59:26

EQS-Adhoc: GEA Group Aktiengesellschaft: Change in Forecast

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

11-Oct-2024 / 10:59 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 9 months and expectations for the remainder of the financial year 2024, GEA Group Aktiengesellschaft is raising its guidance for the financial year 2024 based on preliminary figures. The company now expects the EBITDA margin before restructuring expenses to increase from previously 14.9 to 15.2 percent to 15.4 to 15.6 percent. The guidance for organic sales growth of 2 to 4 percent and for ROCE of 32 to 35 percent for the financial year 2024 is confirmed.

The company will publish its complete statement for the 3rd quarter on November 6, 2024.


Contact:
GEA Group Aktiengesellschaft
Oliver Luckenbach
Head of IR
Phone +49 (0)211 9136 1080
oliver.luckenbach@gea.com


End of Inside Information

11-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Germany
Phone: +49 (0)211 9136-0
E-mail: ir@gea.com
Internet: www.gea.com
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: 2007009

 
End of Announcement EQS News Service

2007009  11-Oct-2024 CET/CEST

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GEA 46,66 1,13% GEA