BRIEF

on GEA (EPA:GEA)

Third quarter 2023/2024 revenue

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GEA has announced an increase in sales for the first three quarters of the 2023/2024 financial year. Gross sales reached EUR 35,805.02 thousand, compared to EUR 26,857.93 thousand for the same period of the previous financial year, an increase of 33.3%.

The third quarter saw a notable increase in billings, with an increase of 26.8% compared to last year. Exports contributed significantly to this growth, representing more than 76% of gross turnover with an impressive increase of 54.9%.

GEA emphasizes that quarterly variations in billings, influenced by contractual payment terms, do not necessarily reflect the level of activity of the company. An accurate assessment is best made during half-yearly and annual situations.

R. P.

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