PRESS RELEASE
from GEA Group Aktiengesellschaft (isin : DE0006602006)
EQS-Adhoc: GEA Group Aktiengesellschaft raises guidance for EBITDA margin before restructuring expenses and ROCE for the financial year 2024
EQS-Ad-hoc: GEA Group Aktiengesellschaft / Key word(s): Change in Forecast
GEA Group Aktiengesellschaft raises guidance for EBITDA margin before restructuring expenses and ROCE for the financial year 2024
10-Jul-2024 / 16:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Due to a very positive operating performance in the first half of the financial year 2024 and based on preliminary figures, GEA Group Aktiengesellschaft is raising its guidance for the financial year 2024 for the EBITDA margin before restructuring expenses from previously 14.5 to 14.8 percent to 14.9 to 15.2 percent and for ROCE from previously 29 to 34 percent to 32 to 35 percent. The guidance for organic sales growth of 2 to 4 percent for the financial year 2024 is confirmed.
The company will publish its complete half-yearly financial report on August 7, 2024.
Contact:
GEA Group Aktiengesellschaft
Oliver Luckenbach
Head of IR
Phone +49 (0)211 9136 1080
oliver.luckenbach@gea.com
The company will publish its complete half-yearly financial report on August 7, 2024.
Contact:
GEA Group Aktiengesellschaft
Oliver Luckenbach
Head of IR
Phone +49 (0)211 9136 1080
oliver.luckenbach@gea.com
End of Inside Information
10-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | GEA Group Aktiengesellschaft |
| Peter-Müller-Straße 12 | |
| 40468 Düsseldorf | |
| Germany | |
| Phone: | +49 (0)211 9136-0 |
| E-mail: | ir@gea.com |
| Internet: | www.gea.com |
| ISIN: | DE0006602006 |
| WKN: | 660200 |
| Indices: | MDAX |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich; Regulated Unofficial Market in Hanover, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1943641 |
| End of Announcement | EQS News Service |
1943641 10-Jul-2024 CET/CEST