IR-News
Investor Relation News
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| Nov 12, 2008 |
BRAU Beviale 2008: GEA makes brewing a fascinating experience
Bochum/Nuremberg, 12 November 2008 – The international brewery and beverage industry will be joining forces for three days at the most important capital equipment fair in the industry. In the Nuremberg exhibition centre, where about 34,000 trade visitors are expected at BRAU Bevial being held from 12 to 14 November 2008, the GEA Group, renowned for its expertise and innovation, will also be represented. |
| Nov 11, 2008 |
GEA WestfaliaSurge at EuroTier
Bochum/Hanover, 11 November 2008 – From automatic milking systems to mobile slurry technology to herd management software for cattle farming: When GEA Farm Technologies present their products at EuroTier 2008, being held from 11 to 14 November in Hanover, trade visitors can expect to be provided with an extensive insight into the innovative product spectrum of the successful Farm Technologies Division of the GEA Group Aktiengesellschaft. |
| Nov 05, 2008 |
GEA helps to secure gas supplies
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| Oct 31, 2008 |
GEA Group with above average growth in high-margin
• Order intake of the core segments grows by 6.9 percent in the first three quarters, sales increases by 11.2 percent and EBIT up by 30 percent • Third-quarter EBIT margin above 10 percent • Full-year outlook: Sales increase of 10 percent and EBIT margin of 10 percent in the core segments |
| Oct 30, 2008 |
Nestlé USA places an order for an aseptic filling line of GEA
Bochum, October 30, 2008 – GEA Procomac, a company of GEA Group Aktiengesellschaft specialized in aseptic filling technology for PET containers, has received an order for a low acid aseptic filling line from Nestlé USA to be delivered in 2009. The order volume is above EUR 10 million. |
| Oct 29, 2008 |
GEA consolidates its leadership in the Brazilian air cooler market
Bochum, October 29, 2008 – GEA do Brazil, a subsidiary of the Bochum based GEA Group Aktiengesellschaft, has recently received two major orders for air coolers. The overall order volume is about 15 million EUR. |
| Oct 23, 2008 |
GEA Thermal Engineering supplies air coolers to India
Bochum, October 23, 2008 – The Thermal Engineering Division of GEA Group Aktiengesellschaft has received an order to supply air coolers for a refinery project in India. The order volume is approximately EUR 10 million. |
| Oct 22, 2008 |
GEA sets a new benchmark in industrial refrigeration
Bochum/‘s-Hertogenbosch, October 22, 2008 – With the successful introduction of the new Grasso V-compressor at the Nuremberg Chillventa fair, the Refrigeration Division of the GEA Group Aktiengesellschaft sets a new benchmark with its compressor line for the industrial refrigeration market. |
| Oct 15, 2008 |
GEA invests in the future
Bochum, October 15, 2008 – GEA Group Aktiengesellschaft has decided to implement an important, multi-year investment program for its Mechanical Separation Division comprising a total volume of around EUR 160 million. |
| Oct 08, 2008 |
GEA continues to generate further growth
Bochum, October 8, 2008 – GEA Group Aktiengesellschaft increased its order intake in its core business in the third quarter of 2008 by more than 4 percent year-on-year. |
| Oct 02, 2008 |
GEA starts share buy-back program
Bochum, October 2, 2008 – With the approval of the Supervisory Board, the Executive Board of GEA Group Aktiengesellschaft has passed a resolution to repurchase the company's shares in the stock market to the amount of up to EUR 100 million. |
| Oct 01, 2008 |
GEA continues successful acquisition strategy
Bochum, October 1, 2008 – GEA Group Aktiengesellschaft has successfully completed the acquisition of the International Cooling Group (ICG), headquartered at Fareham near Southampton, United Kingdom. |
| Sep 03, 2008 |
GEA management invests in the company
Bochum, September 3, 2008 - Further high participation rate in Performance Share Plan. A large majority of the managers of GEA Group Aktiengesellschaft, Bochum, once again participated in the Group's internal GEA Performance Share Plan in 2008. |
| Aug 27, 2008 |
GEA further strengthens its activities in industrial refrigeration
Bochum, August 27, 2008 – GEA Group Aktiengesellschaft has further strengthened its Refrigeration Division through the acquisition of the International Cooling Group (ICG), headquartered at Fareham near Southampton, UK. ICG manufactures evaporators and condensers for the industrial refrigeration markets under the brand names Searle, Raffel and Dawmec. In 2007 ICG generated sales of approximately 70 Mio. EUR with 500 employees. The transaction will take effect after approval from the German Federal Cartel Office. |
| Aug 19, 2008 |
GEA Group successfully concludes takeover of Bloksma
Bochum, August 19, 2008 – GEA Group Aktiengesellschaft has further pursued its acquisition strategy with the successful completion of its takeover of Dutch company Bloksma, which is based at Almere, Netherlands. The purchase takes effect as of August 19. Bloksma is operating very profitably in an interesting growth market for the GEA Group, and the company will be integrated immediately into the Process Equipment Division, in order to realize further synergy effects as rapidly as possible. |
| Aug 13, 2008 |
GEA Group successfully places EUR 200 million borrowers' note loan
Bochum, August 13, 2008 – GEA Group Aktiengesellschaft has successfully completed its issue of a EUR 200 million borrowers' note loan in the European capital market. WestLB AG was the manager of the transaction. The rating agencies classify GEA as Baa3/stable (Moody's) and BBB-/positive (Fitch). |
| Jul 31, 2008 |
Rising EBIT margin results in profitability gains at GEA
• Earnings per share doubled in first half year • Strongest growth in the high-margin component business • Business outlook for EBIT margin in core segments raised to 80-90 basis points |
| Jul 31, 2008 |
GEA sets up ADR program
GEA Group Aktiengesellschaft announced today that the Group has set up an unrestricted, sponsored Level 1 American Depository Receipt (ADR) in the USA. |
| Jul 29, 2008 |
GEA donates EUR 50,000 for victims of Chinese earthquake
Bochum, July 29, 2008 – GEA Group Aktiengesellschaft has donated EUR 50,000 to the Red Cross in China for the reconstruction of a school in the Chinese earthquake region of Szechwan. |
| Jul 14, 2008 |
GEA Group acquires Norbco Inc.
GEA Group Aktiengesellschaft has further strengthened its Farm Technologies Division through the acquisition of the US company Norbco, Inc., which is based in Westmoreland (New York), USA. |
| Jul 10, 2008 |
GEA Group provides analysts with insights into heat exchange activities
With the concentration on its core technologies of materials and heat exchange, the Bochum-based GEA Group Aktiengesellschaft exhibits many interesting aspects as a Group. It is often very difficult to imagine how the company's products are used, and in what areas of life they have an impact. |
| May 08, 2008 |
GEA reports 50 percent rise in Group earnings in the first quarter
GEA Group Aktiengesellschaft continued its successful performance in the first quarter of 2008 driven by the ongoing stability in the growth of its business, and its concentration on enhanced profitability. |
| Apr 23, 2008 |
GEA reports high growth and higher EBIT margin in the first quarter
GEA Group Aktiengesellschaft completed a successful first quarter of 2008. The company increased new orders in its core segments, excluding Thermal Engineering, by 10 percent year-on-year. |
| Apr 23, 2008 |
GEA further strengthens its activities in industrial heat-exchangers
GEA Group Aktiengesellschaft has further strengthened its Process Equipment division through the acquisition of the Dutch company Bloksma, which is based in Almere, Netherlands. Bloksma manufactures intercoolers for marine engines, oil coolers for industrial... |
| Apr 23, 2008 |
Dr. Helmut Schmale becomes new Chief Financial Officer of GEA Group
The Supervisory Board of the GEA Group AG has appointed in its meeting today Dr. Helmut Schmale, 51, so far President of the Division Thermal Engineering, as a member of the Executive Board of GEA Group Aktiengesellschaft with effect as of April 1, 2009. |
| Mar 13, 2008 |
GEA Group reports strong earnings growth
• EBIT of continuing operations up 41.6 per cent to EUR 422.2 million • Consolidated net income EUR 283.5 million • Earnings per share of EUR 1.72 on a comparable basis on continued operations • Growth continues in January and February |
| Mar 11, 2008 |
Appointment of Hartmut Eberlein as Executive Board member extended until April 22, 2009
In its meeting today the Supervisory Board of GEA Group Aktiengesellschaft extended the appointment of Hartmut Eberlein as Executive Board member, which would expire on November 30, 2008, until the end of the 2009 Annual General Meeting (April 22, 2009). Hartmut Eberlein intends to focus more on his private life in the future. The Supervisory Board takes note of Hartmut Eberlein’s decision much to its regret. |
| Feb 06, 2008 |
GEA Group confirms good fourth-quarter growth
GEA Group Aktiengesellschaft grew 2007 fourth-quarter new orders in its core business by over 30 percent year-on-year. Expectations for the full 2007 financial year have consequently been exceeded. The order books as of December 31, 2007 increased by almost 30 percent year-on-year. |
Milk: The white stuff