Ever since GEA moved its HQ away from its labour force to an office space in Düsseldorf in 2011, the group’s profits have been under pressure. The most recent peak EBIT number was reached in 2012 and, ever since, management has had to release regular profit warnings. This might indicate that management has lost contact with the real world.

07 Feb 2019
Was today’s profit warning the last one?

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Was today’s profit warning the last one?
GEA Group Aktiengesellschaft (G1A:WBO) | 0 0 0.5% | Mkt Cap: 7,394m
- Published:
07 Feb 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2 -
Ever since GEA moved its HQ away from its labour force to an office space in Düsseldorf in 2011, the group’s profits have been under pressure. The most recent peak EBIT number was reached in 2012 and, ever since, management has had to release regular profit warnings. This might indicate that management has lost contact with the real world.