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GEA Group AG (G1AG.DE)

G1AG.DE on Xetra

22.58EUR
4:35pm GMT
Change (% chg)

€-0.17 (-0.75%)
Prev Close
€22.75
Open
€22.79
Day's High
€22.97
Day's Low
€22.52
Volume
364,028
Avg. Vol
563,095
52-wk High
€41.76
52-wk Low
€21.66

Latest Key Developments (Source: Significant Developments)

GEA Group Cuts 2018 Cash Flow Driver Margin Outlook
Friday, 23 Nov 2018 

Nov 23 (Reuters) - GEA Group AG ::DGAP-NEWS: GEA GROUP AKTIENGESELLSCHAFT: GEA HAS ADJUSTED ITS OUTLOOK FOR 2018 CASH FLOW DRIVER MARGIN AND ANTICIPATES SUBDUED DEVELOPMENT FOR 2019.SEES FY 2018 OPERATING CASH FLOW DRIVER MARGIN TO A CORRIDOR BETWEEN 6.5 AND 7.0 PERCENT (PREVIOUSLY: APPROX. 8.5 PERCENT).REGARDING REVENUE GROWTH AND OPERATING EBITDA MARGIN IN 2018 GEA REAFFIRMS ITS EXPECTATIONS FROM OCTOBER 10..  Full Article

GEA Group cuts outlook for operating cash flow driver margin
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - GEA Group AG ::DGAP-ADHOC: GEA GROUP AKTIENGESELLSCHAFT: GEA ADJUSTS OUTLOOK FOR OPERATING CASH FLOW DRIVER MARGIN FOR 2018.CUTS ITS OUTLOOK FOR OPERATING CASH FLOW DRIVER MARGIN FOR FY 2018 (BASED ON CONSTANT EXCHANGE RATES) TO A CORRIDOR OF 6.5 TO 7.0 PERCENT (PREVIOUSLY: APPROX. 8.5 PERCENT).SAYS THIS FORECAST CORRESPONDS TO A REPORTED (I.E. BASED ON CURRENT EXCHANGE RATES) OPERATING CASH FLOW DRIVER MARGIN OF 7.0 TO 7.5 PERCENT.SAYS REMAINING ELEMENTS OF OUTLOOK AND OTHER ASSUMPTIONS FOR 2018 FINANCIAL YEAR REMAIN UNCHANGED.SAYS GEA IS LESS CONFIDENT ABOUT DEVELOPMENT OF ITS BUSINESS IN 2019.SAYS DETERIORATING MACROECONOMIC ENVIRONMENT COMBINED WITH FURTHER INCREASES IN MATERIAL AND PERSONNEL COSTS WILL HAVE A NEGATIVE IMPACT..  Full Article

GEA Publishes Full Q3 Results
Monday, 29 Oct 2018 

Oct 29 (Reuters) - GEA Group AG ::DGAP-NEWS: GEA GROUP AKTIENGESELLSCHAFT: GEA PUBLISHES FIGURES FOR THE THIRD QUARTER.  Full Article

GEA Group Concludes Sale Of Its Production Site In Chateau-Thierry
Monday, 1 Oct 2018 

Oct 1 (Reuters) - GEA Group AG ::CONCLUDES SALE OF ITS PRODUCTION SITE IN CHÂTEAU-THIERRY.PARTIES HAVE AGREED NOT TO DISCLOSE ANY FINANCIAL DETAILS OF TRANSACTION.  Full Article

GEA Group Supplies Two Plants For Waste Heat Utilisation To India And Italy
Monday, 3 Sep 2018 

Sept 3 (Reuters) - GEA GROUP AG ::SUPPLIES TWO PLANTS FOR WASTE HEAT UTILISATION TO INDIA AND ITALY.COMMISSIONING IS PLANNED FOR THE FIRST HALF OF 2019.  Full Article

GEA Group Receives order from Creamy Foods Limited for GEA BUE 6000 buttermaking machine
Thursday, 12 Jul 2018 

July 12 (Reuters) - GEA GROUP AG ::CREAMY FOODS LIMITED PLACED ORDER FOR A GEA BUE 6000, WHICH HAS A CAPACITY OF UP TO 6000KG/H BUTTER.NEW MACHINE WILL BE BROUGHT INTO OPERATION IN FEBRUARY OF 2019.  Full Article

GEA Group Reports Cancellation Of Its Shares
Monday, 25 Jun 2018 

June 25 (Reuters) - GEA Group AG ::DGAP-NEWS: GEA GROUP AKTIENGESELLSCHAFT: GEA HAS REPORTED THE CANCELLATION OF ITS SHARES.COMPANY NO LONGER HOLDS ANY ADDITIONAL SHARES OF ITS OWN.CANCELLATION OF ALL 12.0 MILLION OF ITS TREASURY SHARES ACQUIRED IN COURSE OF A SHARE BUYBACK PROGRAM.THERE ARE NOW 180,492,172 SHARES ISSUED IN TOTAL, WHICH CORRESPONDS TO A REDUCTION OF ROUGHLY 6.24 PERCENT.  Full Article

GEA eyeing internal, external candidates for new CEO
Thursday, 19 Apr 2018 

April 19 (Reuters) - GEA Group AG ::CHAIRMAN SAYS WE ARE LOOKING AT INTERNAL AND EXTERNAL CANDIDATES FOR NEW CEO.CHAIRMAN SAYS WE ARE NOT LOOKING FOR A COST-CUTTER BUT SOMEONE WHO CAN DEVELOP THE BUSINESS.CHAIRMAN SAYS CEO SEARCH HAS PRIORITY, SO THAT THE PERSON CAN HELP FIND CFO.  Full Article

GEA's CFO to take early retirement from his position on the executive board
Wednesday, 18 Apr 2018 

April 18 (Reuters) - GEA Group AG ::GEA'S CFO TO TAKE EARLY RETIREMENT FROM HIS POSITION ON THE EXECUTIVE BOARD.CHIEF FINANCIAL OFFICER OF GEA GROUP AKTIENGESELLSCHAFT, HAVE MUTUALLY AGREED THAT HELMUT SCHMALE WILL STEP DOWN FROM EXECUTIVE BOARD.SUPERVISORY BOARD IS SEEKING TO APPOINT A CEO AND A CFO IN NEAR FUTURE TO ENSURE AN ORDERLY OVERALL TRANSITION OF LEADERSHIP.PENDING DECISION ON HIS SUCCESSOR, HELMUT SCHMALE WILL CONTINUE TO PERFORM HIS PRESENT TASKS AND RESPONSIBILITIES.  Full Article

GEA Group Renews Executive Board Mandates
Friday, 9 Mar 2018 

March 9 (Reuters) - GEA Group AG ::GEA GROUP AKTIENGESELLSCHAFT: GEA RENEWS EXECUTIVE BOARD MANDATES OF STEFFEN BERSCH AND NIELS ERIK OLSEN.  Full Article

FACTBOX-Activist investor Elliott's top European holdings

Dec 12 U.S. activist hedge fund Elliott Management announced on Wednesday that it had taken a stake in French drinks maker Pernod Ricard worth more than 930 million euros ($1.05 billion).