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GEA Group AG (G1AG.DE)

G1AG.DE on Xetra

30.28EUR
4:35pm BST
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€1.38 (+4.78%)
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€28.90
Open
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€30.45
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€28.92
Volume
890,633
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569,001
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€42.88
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€26.95

Latest Key Developments (Source: Significant Developments)

GEA Group Receives Binding Offer From Altifort To Acquire Site In France
Wednesday, 13 Jun 2018 

June 13 (Reuters) - GEA Group AG ::GEA HAS RECEIVED A BINDING OFFER FROM ALTIFORT TO ACQUIRE ITS PRODUCTION SITE IN CHÂTEAU-THIERRY.NO COMPULSORY REDUNDANCIES PLANNED FOR ACQUIRED ACTIVITY.PARTIES HAVE AGREED NOT TO DISCLOSE ANY FINANCIAL DETAILS OF TRANSACTION.PARTIES CONTEMPLATE TO IMPLEMENT TRANSACTION IN Q3 OF 2018.  Full Article

GEA Group Announces Mid-Term Growth Targets And Confirms Dividend Policy
Monday, 12 Mar 2018 

March 12 (Reuters) - GEA GROUP AG ::GEA GROUP AKTIENGESELLSCHAFT: CAPITAL MARKETS DAY 2018 - GEA ANNOUNCES MID-TERM GROWTH TARGETS AND CONFIRMS DIVIDEND POLICY.FROM 2018 TO 2022, COMPANY EXPECTS REVENUES TO RISE BY A COMPOUND ANNUAL GROWTH RATE OF 3.5 PERCENT TO 4.5 PERCENT.OPERATING EBITDA MARGIN SHOULD INCREASE TO BETWEEN 13.5 PERCENT AND 15.5 PERCENT UNTIL 2022.CONFIRMS ITS GENERAL DIVIDEND POLICY FOR YEARS AHEAD WITH A PAYOUT RATIO OF AT LEAST 40 PERCENT TO 50 PERCENT.PLANNING IGNORES POTENTIAL CURRENCY EFFECTS AND HENCE ASSUMES AVERAGE 2017 EXCHANGE RATES.ASSUMES THAT THERE WILL BE NO SIGNIFICANT DECLINE IN DEMAND IN ANY OF ITS RELEVANT CUSTOMER INDUSTRIES.  Full Article

GEA Group GEA Aims To Grow Revenue By Between 5 And 6 Pct In 2018​
Monday, 12 Mar 2018 

March 12 (Reuters) - Gea Group AG ::‍GROUP'S ORDER INTAKE FOR WHOLE OF 2017 AMOUNTED TO EUR 4,751 MILLION, WHICH IS 1.7 PERCENT ABOVE PREVIOUS YEAR'S LEVEL​.‍REVENUE IN 2017 (EUR 4,605 MILLION) WAS A MODERATE 2.5 PERCENT ABOVE FIGURE FOR PREVIOUS YEAR​.‍FOOD SECTOR SHOWED PARTICULARLY POSITIVE DEVELOPMENT WITH AROUND 12 PERCENT GROWTH​.‍GROUP'S OPERATING EBITDA AMOUNTED TO EUR 564 MILLION​.‍COMPANY POSTED A RATIO TO REVENUE OF 8.4 PERCENT LAST YEAR​.‍SUPERVISORY BOARD WILL SUGGEST THAT ANNUAL GENERAL MEETING ON APRIL 19, 2018 RESOLVE TO DISTRIBUTE AN INCREASED DIVIDEND OF EUR 0.85 PER SHARE​.‍FOR 2018 FISCAL YEAR, GEA AIMS TO GROW REVENUE BY BETWEEN 5 AND 6 PERCENT​.‍OPERATING EBITDA MARGIN IN 2018 WILL PROBABLY BE BETWEEN 12.0 AND 13.0 PERCENT OF REVENUE IN CURRENT BUSINESS YEAR​.  Full Article

GEA Group Says Secures Contract With Indonesian ABC Group
Friday, 2 Mar 2018 

March 2 (Reuters) - GEA GROUP AG ::SECURED CONTRACT WITH INDONESIAN ABC GROUP TO SUPPLY A EUROCLASS 800 RE MILKING SYSTEM.  Full Article

GEA Group Places Borrower's Loan Note In Amount Of EUR 250 Mln
Monday, 26 Feb 2018 

Feb 26 (Reuters) - GEA Group AG ::DGAP-NEWS: GEA GROUP AKTIENGESELLSCHAFT: GEA PLACES BORROWER'S LOAN NOTE IN THE AMOUNT OF EUR 250 MILLION.DGAP-NEWS: GEA GROUP AKTIENGESELLSCHAFT: GEA PLACES BORROWER'S LOAN NOTE IN THE AMOUNT OF EUR 250 MILLION.WITH ORDER BOOK BEING SEVERAL TIMES OVERSUBSCRIBED, INTEREST SPREAD CONDITIONS COULD BE FIXED AT LOWER END.STILL, IT WAS POSSIBLE TO RAISE ORIGINALLY PLANNED ISSUANCE VOLUME.  Full Article

GEA Group Gets Another Order To Supply Equipment For Lithium Production In Australia
Monday, 19 Feb 2018 

Feb 19 (Reuters) - GEA Group AG ::DGAP-NEWS: GEA GROUP AKTIENGESELLSCHAFT: GEA RECEIVES ANOTHER MAJOR ORDER TO SUPPLY EQUIPMENT FOR LITHIUM PRODUCTION IN AUSTRALIA.RECEIVED YET ANOTHER ORDER FROM MSP ENGINEERING PTY LTD.  Full Article

GEA Group Completes Share Buyback Programme Of Up To 450 Mln Euros
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - GEA GROUP AG ::GEA GROUP AKTIENGESELLSCHAFT: GEA COMPLETES SHARE BUYBACK PROGRAMME.‍SHARES WERE ACQUIRED AT AN AVERAGE PURCHASE PRICE OF EUR 37.49 EUR​.COMPLETED ITS SHARE BUYBACK PROGRAM IN AMOUNT OF UP TO EUR 450 MILLION.  Full Article

GEA Group AG Says Albert Frere Stake In Company Increased To 4.33 Percent As Of Dec 28‍​
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Gea Group Ag ::SAYS ALBERT FRERE STAKE IN COMPANY INCREASED TO 4.33 PERCENT AS OF DEC 28‍​.  Full Article

GEA Closes Acquisition Of Vipoll
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Gea Group AG ::DGAP-NEWS: GEA GROUP AKTIENGESELLSCHAFT: GEA CLOSES ACQUISITION OF VIPOLL.  Full Article

GEA sells its ice machine activities in France
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - GEA Group AG :Says sells its ice machine activities in France.Says ‍turnover of unit was around eur 12.5 million in 2016​.  Full Article

Investor Elliott urges Germany's GEA Group to appoint CEO

FRANKFURT/DUESSELDORF Activist shareholder Elliott called on GEA Group to appoint a new chief executive quickly, replace Chairman Helmut Perlet and buy back shares, adding to pressure for speedy and sweeping changes at the German food processing company.