EQS-Adhoc
GEA Group Aktiengesellschaft: Change in Forecast
- GEA Group raises 2024 EBITDA margin forecast to 15.4-15.6%
- Organic sales growth guidance remains at 2-4% for 2024
- Full Q3 report to be published on November 6, 2024
EQS-Ad-hoc: GEA Group Aktiengesellschaft / Key word(s): Change in Forecast Due to a very positive operating performance in the first 9 months and expectations for the remainder of the financial year 2024, GEA Group Aktiengesellschaft is raising its guidance for the financial year 2024 based on preliminary figures. The company now expects the EBITDA margin before restructuring expenses to increase from previously 14.9 to 15.2 percent to 15.4 to 15.6 percent. The guidance for organic sales growth of 2 to 4 percent and for ROCE of 32 to 35 percent for the financial year 2024 is confirmed. |
The company will publish its complete statement for the 3rd quarter on November 6, 2024.
Contact:
GEA Group Aktiengesellschaft
Oliver Luckenbach
Head of IR
Phone +49 (0)211 9136 1080
oliver.luckenbach@gea.com
End of Inside Information
11-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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: | 2007009 |
End of Announcement | EQS News Service |
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2007009 11-Oct-2024 CET/CEST