Having delivered disappointing earnings during the last two years and again in Q1 18, most of GEA’s Q2 numbers were in line with our forecasts. This time, the exception has been cash from operations and the net debt load. It had increased from €12m at the end of 2017 to €174m in March of this year and now stands at €340m.
30 Jul 2018
H1 profit numbers as expected, but very poor cash generation
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H1 profit numbers as expected, but very poor cash generation
GEA Group Aktiengesellschaft (G1A:WBO) | 0 0 0.5% | Mkt Cap: 7,394m
- Published:
30 Jul 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
Having delivered disappointing earnings during the last two years and again in Q1 18, most of GEA’s Q2 numbers were in line with our forecasts. This time, the exception has been cash from operations and the net debt load. It had increased from €12m at the end of 2017 to €174m in March of this year and now stands at €340m.