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GEA starts the year 2012 with an increase in order intake


GEA recorded two-digit growth rates in terms of both order intake and revenue in the first quarter and therefore raises its outlook to an increase in order intake in 2012 by at least 5 percent. At the Annual General Meeting the company announced that the brisk order intake in the prior quarter ...


GEA acquires Swiss specialist in aseptic valves


GEA has acquired Aseptomag, one of the world’s leading suppliers of aseptic and hygienic valves, valve modules, and system solutions. Based in Kirchberg, Switzerland, the company had a workforce of 35 employees and generated revenue of around CHF 19.5 million in the last fiscal year. Aseptomag’s ...


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GEA Group enlarges Executive Board


In the meeting the Supervisory Board of GEA Group Aktiengesellschaft has appointed Dr. Stephan Petri (48), currently General Counsel, as Executive Board member of GEA Group Aktiengesellschaft with effect as of June 1, 2012. Dr. Petri will be responsible within the Executive Board for Human ...


GEA receives orders worth more than 25 MEUR from the energy sector


GEA has received orders worth more than 25 MEUR for the manufacturing and installation as well as for the service of cooling equipment from Asia, Africa and Western Europe. These orders will be handled by the segment GEA Heat Exchangers. In the Philippines, GEA will supply Air Cooled Condensers ...


GEA boosts EBIT margin significantly in 2011


GEA Group’s order intake rose 23 percent to EUR 5,610 million in fiscal year 2011. Excluding the new GEA Convenience-Food Technologies segment, the year on year increase would have been 15 percent. It should be highlighted that the fourth quarter saw the highest order intake in the fiscal year. ...


GEA sees strong order intake in fourth quarter


The engineering group GEA confirmed at an investor conference in New York that order intake had proved stronger in Q4 than in any other quarter in 2011. “2011 was a very good year for GEA. Order intake continued strong until the end of the year, after already in November we had reported several ...


GEA receives orders from China for power plant coolers worth more than 100 MEUR


GEA Group received 4 orders with a total value of more than Euro 105 million for the design and manufacturing of air cooled condensers from Chinese customers. All of these orders will be handled by the segment GEA Heat Exchangers. “These new orders are the successful continuation of our already ...


GEA receives orders worth more than 32 MEUR


The Duesseldorf based GEA Group received orders worth more than EUR 32 million for the supply of a Heller indirect dry cooling system for a new power plant in Turkey and for the rebuilding of a wet cooling tower in a petrochemical site in the United States. Both orders will be handled by the ...


GEA increases operating margin to 10 percent in Q3/2011


GEA recorded an order intake of EUR1,402.8 million in the third quarter of 2011, up 21.7 percent year-on-year (organic growth: 11.4 percent). Revenue also jumped by 24.2 percent year-on-year to EUR1,397.4 million (organic growth: 13.5 percent). Operating profit, i.e. before purchase price ...


GEA receives order for Air Coolers worth 13 MEUR


GEA received an order to design, manufacture and supply Air Fin Coolers for the upgrade of the Achinsk Refinery in East Siberia/Russia. The order has a volume of approximately EUR 13 million. The particular exercise of this order is the design of the Air Fin Coolers for safe operation under ...


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