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GEA Group AG (G1AG.DE)

G1AG.DE on Xetra

37.50EUR
20 Sep 2017
Change (% chg)

€0.00 (+0.00%)
Prev Close
€37.50
Open
€37.42
Day's High
€37.55
Day's Low
€37.42
Volume
18,265
Avg. Vol
681,406
52-wk High
€50.13
52-wk Low
€32.62

Latest Key Developments (Source: Significant Developments)

GEA CEO says underestimated the complexity of restructuring
Tuesday, 18 Jul 2017 06:21am EDT 

July 18 (Reuters) - GEA CEO on conference call:Says increasing price pressure is noticeable.Says have underestimated the complexity of restructuring.  Full Article

Gea Group says to build Asia's largest milk production facility in India‍​
Thursday, 13 Jul 2017 05:15am EDT 

July 13 (Reuters) - GEA GROUP AG ::TO BUILD ASIA'S LARGEST MILK PRODUCTION FACILITY IN INDIA‍​.THE ORDER SAID TO BE FOR A 'LOWER DOUBLE-DIGIT, MILLION-EURO AMOUNT'.MILK POWDER PLANT IS SCHEDULED TO BEGIN PRODUCTION IN 2018.  Full Article

GEA says awaiting Q2 results before giving 2017 forecast
Tuesday, 9 May 2017 01:37am EDT 

May 9 (Reuters) - Gea Group Ag :dgap-news: gea group aktiengesellschaft: gea announces figures for the first quarter.Q1 revenue 1.004 billion eur.Says order intake in q1 of 2017 almost matched level of previous year.Says despite reticence on part of customers to place major orders, company secured order intake of eur 1,136 million in period under review.Says operating ebitda rose to eur 96 million.Says macroeconomic uncertainties are expected to intensify.Says to see how gea fares in q2 of 2017 before venturing a prediction as to where in our performance corridor we will close year.  Full Article

GEA CEO says U.S. business has picked up since Trump election
Thursday, 20 Apr 2017 08:55am EDT 

April 20 (Reuters) - GEA Group CEO at AGM:Says U.S. business has picked up since Trump election.Says customers in Mexico and all of South America, cautious due to concern over possible U.S. duties.Says hungry for further acquisitions.  Full Article

GEA Group Q1 revenue up at 1.0 billion euros
Thursday, 20 Apr 2017 04:48am EDT 

April 20 (Reuters) - GEA Group AG ::Reports preliminary results for the first quarter of 2017.Q1 revenue 1.0 billion euros ($1.08 billion) versus 941 million euros year ago.At approximately 1,135 million euros, Q1 preliminary order intake was slightly down on same period last year (1,144 million euros).  Full Article

GEA Group extends CFO's contract by 3 yrs until 2021
Thursday, 20 Apr 2017 03:40am EDT 

April 20 (Reuters) - GEA Group AG :Says Helmut Schmale to continue as CFO until 2021.  Full Article

GEA Group to start share buyback on March 8
Wednesday, 1 Mar 2017 11:32am EST 

Gea Group Ag : Says intends to repurchase own shares in aggregate amount of up to eur 450m .Says buyback period of first tranche comprising a total volume of no more than eur 225m will begin on march 8.  Full Article

GEA says UK customers hesitant on Brexit, forex
Tuesday, 7 Feb 2017 05:09am EST 

GEA Group AG : CFO says order backlog of 2.264 billion eur is a comfortable level for 2017 . CEO says would have to take measures if there were import tariffs in the u.s. . CEO says Brexit, forex effects are making UK customers hesitate in investment decisions . CFO says dividend policy foresees not falling below year-earlier level . CEO says won't feel full effects of restructuring until 1-2 yrs from now . CFO says expects to pay dividend of 0.80 eurper share again for 2016 Further company coverage: [G1AG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

GEA Group says 2016 operating EBITDA at 566 million euros
Tuesday, 7 Feb 2017 01:30am EST 

GEA Group AG : Says 2016 order intake 4.673 billion euros ($5.00 billion) versus Reuters poll average 4.63 billion euros . Says 2016 operating EBITDA 566 million euros versus Reuters poll average 571 million euros . Is looking to achieve moderate growth in revenue, an operating EBITDA of between 620 million euros and 670 million euros for 2017 . To achieve operating cash flow driver margin before investments in strategic projects of between 8.5 and 9.5 percent for FY 2017 .GEA Group AG - underlying economic uncertainties are not going to diminish in foreseeable future and that goes for current business year 2017 too.  Full Article

GEA Group announces 450 mln eur share buyback program
Monday, 6 Feb 2017 11:45am EST 

GEA Group Ag : Says GEA announces share buyback program .Says shall purchase own shares in an aggregate value of up to eur 450 mn.  Full Article

BRIEF-GEA Q3 revenue down by 18.6%

* Q3 REVENUE EUR 9.6 MILLION, DOWN 18.6% Source text: http://bit.ly/2wJ5Ii1 Further company coverage: (Gdynia Newsroom)