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GEA Group AG (G1AG.DE)

G1AG.DE on Xetra

20.51EUR
15 Feb 2019
Change (% chg)

€0.28 (+1.38%)
Prev Close
€20.23
Open
€20.15
Day's High
€20.66
Day's Low
€19.94
Volume
442,897
Avg. Vol
627,278
52-wk High
€39.30
52-wk Low
€19.09

Latest Key Developments (Source: Significant Developments)

GEA says Mid-Term Guidance No Longer Valid, Publishes Prelim 2018 Results
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - GEA Group AG ::SAYS BASED ON PRELIMINARY FIGURES, EXPECTS FOR FINANCIAL YEAR 2018 AN ORDER INTAKE OF APPROXIMATELY EUR 4,920 MILLION (PREVIOUS YEAR: EUR 4,751 MILLION).SAYS SEES 2018 REVENUE OF ABOUT EUR 4,830 MILLION (PREVIOUS YEAR: EUR 4,605 MILLION).SAYS SEES OPERATING EBITDA OF APPROXIMATELY EUR 515 TO 520 MILLION (PREVIOUS YEAR: EUR 564 MILLION).SAYS EXPECTS FOR 2019 THAT REVENUES WILL BE MODERATELY LOWER THAN IN PREVIOUS YEAR AND THAT OPERATING EBITDA WILL DECLINE TO A RANGE FROM EUR 440 TO 480 MILLION..SAYS ASSESSMENT IS BASED ON FURTHER DETERIORATING MACROECONOMIC CONDITIONS ENTAILING INCREASED PRICE PRESSURE.SAYS OUTLOOK ALSO BASED ON RISING PERSONNEL AND IT INFRASTRUCTURE COSTS.SAYS PRELIMINARY 2018 RESULT BENEFITS FROM NON-RECURRING OTHER OPERATING INCOME IN ORDER OF SOME EUR 20 TO 25 MILLION..SAYS GEA CONSIDERS ITS MID-TERM GUIDANCE FROM MARCH 2018 NO LONGER VALID..  Full Article

GEA Group Receives Two Orders Worth Nearly EUR 4 Mln For Vacuum Systems
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - GEA GROUP AG ::HAS RECEIVED TWO ORDERS WORTH NEARLY EUR 4 MILLION FOR VACUUM SYSTEMS FOR A NEW “GRASSROOT” REFINERY IN OMAN.  Full Article

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

German stocks - Factors to watch on Feb. 12

BERLIN, Feb 12 The following are some of the factors that may move German stocks on Tuesday: