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GEA Group Aktiengesellschaft: GEA increases operating EBITDA margin to 12.6 percent

DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Quarterly / Interim
Statement
GEA Group Aktiengesellschaft: GEA increases operating EBITDA margin to 12.6
percent

28.07.2016 / 07:30
The issuer is solely responsible for the content of this announcement.

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GEA increases operating EBITDA margin to 12.6 percent

Düsseldorf (Germany), July 28, 2016 - In the second quarter of 2016, GEA
posted organic growth in order intake of 7.3 percent, up to EUR 1,222
million. While the situation in dairy farming remained challenging,
performance in that customer industry was more than compensated by, in some
cases, double-digit growth in other industries, for example, in food, where
GEA's new group structure is now bearing fruit. After a relatively subdued
first quarter of 2016 - and despite a good prior-year quarter in 2015 -
revenue in the second quarter was on a par with the previous year.

The figures for operating EBITDA and the corresponding margin represent
all-time highs for GEA, both for a second quarter (EUR 145.2 million and
12.6 percent respectively) as well as for the first six months of a year
(EUR 239.1 million and 11.4 percent respectively). Adjusted for strategy
projects, the cash flow driver margin for the last 12 months amounted to
11.1 percent, compared with 10.5 percent for the prior-year period.

"Robust order intake coupled with very good order-backlog figures are an
excellent basis for realising our full-year targets, which we can confirm,"
said Jürg Oleas, Chairman of the Executive Board of GEA in his appraisal of
the present situation.


IFRS key figures of GEA
(EUR million) Q2 2015 Q2 2014

Order Intake 1,222.1 1,148.8
Revenue 1,156.9 1,150.1
Operating EBITDA 1) 145.2 139.3
as % of revenue 12.6 12.1
Operating EBIT 1) 125.2 119.8
as % of revenue 10.8 10.4
EBIT 108.2 -20.9
Working capital intensity in % 2) 13.2 12.3
Net liquidity (+)/Net debt (-) 613.8 603.4
Operating cash flow driver margin 3) 11.1 10.5
ROCE in % (goodwill adjusted) 4) 19.7 16.4
Full-time equivalents (reporting date) 17,153 17,975
Earnings per share (EUR) 0.43 -0.11

1) Before effects of purchase price allocations and adjustments
2) Average of the last 12m
2) Cash flow driver = operating EBITDA - Capital expenditure - Change in
Working Capital (average of the last 12 months)
4) Capital employed (average of the last 12 months) excluding goodwill from
the acquisition of the former GEA AG by the former Metallgesellschaft AG in
1999

Corporate Media and Press:
Marc Pönitz
Peter-Müller-Str. 12, 40468 Düsseldorf, Germany
Phone [phone]
[e-mail]

About GEA
GEA is one of the largest suppliers for the food processing industry and a
wide range of process industries that generated consolidated revenues of
approximately EUR 4.6 billion in 2015. As an international technology
group, the Company focuses on process technology and components for
sophisticated production processes in various end-user markets. The Group
generates more than 70 percent of its revenue in the food sector that
enjoys long-term sustainable growth. As of June 30, 2016, the Company
employed over 17,000 people worldwide. GEA is a market and technology
leader in its business areas. The Company is listed in Germany's MDAX (G1A,
WKN 660 200). In addition, GEA's share is a constituent of the MSCI Global
Sustainability Indexes. Further information is available on the Internet at
gea.com.

If you do not want to receive any further information from GEA, please send
an email to [e-mail].

Contact:
GEA Group Aktiengesellschaft
Phone [phone]
Fax [phone]
www.gea.com


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28.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
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Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
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; Terminbörse EUREX


End of News DGAP News Service
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486711 28.07.2016